Along with stating the obvious, were you making a joke about garden borders etc my 247shop?
Shrubberies aside, I agree with you entirely.
That 12 for 1 offer may not represent the spectacular validation of TMT superiority (I know this has been sought by some here for years), but it is the ‘bird in the hand !
And the offer as it is is considered not only to be reasonable by the independent expert, but also IN THE BEST INTEREST OF SHAREHOLDERS.
To repeat myself; I know for a fact that AVL price was run down due to significant selling by at least one departed director, and I think when Ian spoke today about increased liquidity in a merged project he was right.
The advantage (if there is one) to AVL price remaining low right now is that potentially if the merger goes through and funding is quickly announced (along with anything else), it could spring back hard despite the extra weight of shares.
That’s my hope anyway .
And thank you Ian and Jo for the webcast
I thought it was very useful !
cheers
- Forums
- ASX - By Stock
- TMT
- Ann: TMT Investor Presentation December 2023 - Scheme Webinar
Ann: TMT Investor Presentation December 2023 - Scheme Webinar, page-61
-
- There are more pages in this discussion • 53 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)