TMT technology metals australia limited

At 26.5 cents does this become a reasonable gamble on the AVL...

  1. 10,216 Posts.
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    At 26.5 cents does this become a reasonable gamble on the AVL shareprice holding?
    What was the metric 32.5 to 2.4 ?

    Currently at 26.5 to 2.8

    Anyone good at math do the sums on the potential gain if you buy TMT at 26.5 and AVL stays at 2.8 when the split happens?

    Is the calculation 18.46% on the TMT (6/32.5x100) side of the ledger + (0.4/2.8x100) = 14.28% on the AVL side? That's pretty sweet.
    Even if AVL goes back to 2.4 the upside on TMT's side of the ledgere is nothing to sneeze at.

    If so you'd be a total clown to be buying AVL shares atm over TMT.
    Last edited by WoodySpoon: 03/10/23
 
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