Let’s not forget that without $11.5m of that - $9 of which RCF...

Let’s not forget that without $11.5m of that - $9 of which RCF was sort of obliged to contribute to keep the show on the road (and the rest apparently somewhat anticipatory the merger) TMT would be at circa $4m Teddie.
A fair deal at 27c?
Especially if it gets upped to being worth 32.5c for the merger.
Still you can’t exactly say that they were throwing money in their excitement to come on board.


And I certainly do have absolutely nfi of where the next handout would come from if TMT was to have continued on its own now RCF has gone over to AVL.


cheers