Ann: Merger Presentation, page-628

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sabine

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25/10/23

15:35

Post #: 70532602
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Originally posted by RhysT ↑

Was there any reason there needed to be 6 Months between merger announcement and the vote?

What did they expect to happen with 6 Months of zero news and all these unknowns.

You could argue pretty easily that RCF are happy for there to be all this uncertainty as it only makes a buyout easier if TMT share price continues to decrease.

It's hard to say they have anyone but their own best interests in mind when they have kept all company news, AVL and TMT, out of shareholder hands for the better part of this year, and I doubt we're seeing anything before the merger vote, so that will be a full year of clear information supression while they constructed and rolled out their plan.
And people wonder why some of us are pretty peeved off at this point?

I would have rather had the announcement and then a vote 7 days later..
Get it done with.. Instead the very first relevant timelime this merged entity drops on us is a 6 Month wait before we can even have our say.

A LOT of salaries being filled both sides of the fence right now but what are any of them actually doing?

A lot of shuffling paper for 6 Months I bet.

And a huge waste of time.

Expand

Less than FIVE months Rhys.
With Christmas in the middle;
https://cdn-api.markitdigital.com/a...pdf?access_token=0007LQOFnPzVa8SjWMV1n4lTbdkn

And the average timetable on scheme of arrangements (without Christmas and any other holdups) is 63 days according to https://cdn-api.markitdigital.com/a...pdf?access_token=0007LQOFnPzVa8SjWMV1n4lTbdkn

… Or 48 days from the first court hearing.

Why does everything have to be viewed as sinister?
And isn’t the RCF ‘negative plot’ argument getting a bit tired?
RCF is the one taking the biggest price hit in this deal!

Last edited by sabine: 25/10/23

TMT Price at posting: 23.5¢ Sentiment: Buy Disclosure: Held
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Ann: Merger Presentation, page-628

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