1) I see no point in trying to milk maximum value out of every trade or deal or whatever .
2) I think the AVL price was massaged down after June to facilitate the largest holder - RCF translating its TMT a holding at 2.7c a share and participating in a $15m raise at 2.6c a share .
My view is that any wrangling was done by its advisors and that - as they are better qualified than me and think there’s upside for RCF at these prices then I am not going to argue.
I’m anticipating 3c and more at AVL in the near future.
3) I’m not one of the early investors here who are already streets ahead, however I have managed to get my average price in all portfolios down to under 32.5 c a share therefore effectively I’m already doing better than RCF .
I can say what I like … someone called me unhinged here today and said the information I post - such as a news clip stating Regal Funds has said it will contribute significantly to project development after the merger, and that the CNMNC partnership has not been mentioned since March ought not to be given any credibility !
The fact is I see plenty of upside in a merged entitiy, I agree with the 1 + 1 equals 3 premise and I am hoping to profit after the merger and perhaps even before if I acquire more shares under 27c.
(by my maths this effectively means every share I own will be worth greater than 12 AVL shares after the merger
For me that’s enough
and yes I would consider myself greedy if I tried to milk the deal and whether it was 2 shares 6 shares or 25 shares I think the price at AVL is a very relevant consideration as well as the terms both RCF and both companies have agreed to.
cheers
