Ann: Merger Presentation, page-633

I don’t know why all the action is at AVL ….
Well I do know why the price there dropped so savagely leading into the merger proposal, but it seems TMT is a far better buy at present …
Unless the ‘no’ people manage to sabotage the merge and the ratio is revised according to TMT’s recent VWAP which is way below 32.4c.

In that case - whoops.