TMT technology metals australia limited

BS. AVL should do a capital raise and issue new shares for the...

  1. 1,221 Posts.
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    BS. AVL should do a capital raise and issue new shares for the purpose of acquiring TMT.

    TMT should be offered a fixed dollar amount, they can then buy back into AVL with the proceeds if they want to continue.

    Offering X shares which could go up down or sideways between now and close of deal, makes it difficult for TMT shareholders to assess their risk and make a decision.

    Also TMT share price in the short term is now anchored to the performance of a 3rd party, which is not what I signed up for.
    Last edited by adpowers: 12/12/23
 
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