RCF if they increased their holding in TMT would be subject to...

RCF if they increased their holding in TMT would be subject to takeover rules themselves and then would require significantly higher % of votes to get a deal done.

This is the first step through a proposed merger which RCF and AVL need and not TMT.

I suspect if we all vote no RCF will be trying a hostile takeover but in all scenarios they won’t get past the tight share registery until a reasonable price is offered.

RCF just made 5x on another investment so they have the money.

I will be voting no along with a lot of other TMT holders I know.