(e) Transaction costs (i) AVL If the Scheme is implemented, the cost of the transaction to be payable by AVL is expected to be approximately $6.2 million (excluding GST). This includes stamp duty, financial advisory, legal, accounting, tax and administrative fees, share registry and other expenses. It does not include transaction costs that may be payable by TMT. (ii) TMT If the Transaction is implemented, the cost of the transaction to be payable by TMT is expected to be approximately $3.43 million (excluding GST). This includes financial advisory, legal, accounting, Independent Expert, Independent Technical Specialist’s, tax and administrative fees, Scheme Booklet and printing, share registry and other expenses. It does not include transaction costs that may be payable by AVL.
$10,000,000 in fees....
17% declared NO vote - and a lot more not included as yet.
TMT Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held
