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Ann: AVL INCREASES SCHEME CONSIDERATION TO BEST & FINAL PROPOSAL, page-19

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Reaper11

22,564 Posts.

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12/12/23

10:22

Post #: 71398908
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Originally posted by adpowers: ↑

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.

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There's only one problem with all that...it's not going to happen.

Reaper.

TMT Price at posting: 21.5¢ Sentiment: None Disclosure: Held
3 Upvote

1 Great analysis

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Ann: AVL INCREASES SCHEME CONSIDERATION TO BEST & FINAL PROPOSAL, page-19

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