Just to be absolutely clear, AVL's latest final offer of 14:1 is...

Just to be absolutely clear, AVL's latest final offer of 14:1 is equivalent to 1 TMT share at 30.8c, and that is way below their own 40c valuation of TMT.

Even now, they still want to acquire TMT at a hefty DISCOUNT, at ~23% lower than the independent valuation.

There is absolutely no takeover PREMIUM here for TMT shareholders, whatsoever.

There are countless examples of a premium being offered in take-overs to get the deal done and facilitate a yes vote. But AVL want TMT on the cheap. AVL need to be shown the finger by TMT holders. Vote NO to the take-over.



All IMHO, DYOR