The $US578 million sale comes nine years after RCF took the...

The $US578 million sale comes nine years after RCF took the Australian mining-focused engineering firm private in a deal valued at about $150 million and removed it from the ASX.

That's from an article. Every article about it says RCF bought it for around $150m and delisted it from the ASX.

So like I said before once AVL and TMT merge it will be much easier for RCF to acquire AVL for say $200m as the price staggers and people sell their newly acquired shares. Then RCF will delist AVL and take it private allowing them to develop the business and ultimately sell it for $1b or whatever it ends up being worth. But in the end all shareholders currently will be expected to be happy with the low value given.

If AVL wants TMT then I suggest it buys all TMT shares for cash at a "fair" value to be agreed by all parties. TMT holders decided to invest in TMT and not AVL for specific reasons and now we are all being forced to invest in the company we avoided.