Ann: TMT Investor Presentation December 2023 - Scheme Webinar, page-99

Rhys
But this situation is NOT a similar deal!
you say you
“…. had been thinking on it and just don't think it's a good example of why TMT need to accept a similar deal, as we are not on the ropes and don't need a bail out at the lowest possible price.”

This SOA not a ‘bail out at the lowest possible price’ by any means.
If TMT had been in administration it might have been a bail out at the lowest possible price to save the company from liquidation but TMT was not even close to administration.

And you’ll remember that the reason it was not even close to administration was thanks to RCF supporting a crucial cash call!

Retrospect to AFR headlines March 21, 2023

That was on May 21 !

Retrospect to TMT March, 2023 quarterly financial report:

According to the March financials at that time TMT had less than a fortnight of funding left:


I’m not makimg this up!
You still don’t trust any process in which RCF is involved, but if you think about it it’s actually clear it is thanks to RCF (and all who supported that cash call) that TMT is not being subject of a “lowest possible price “ buy out!

And I apologise for getting your nick name mixed up about those previous Altura posts.

cheers