I agree, I can't see this flying with anything less that 15:1, and there will still be plenty of punters unhappy at those levels, I suspect.
But if AVL and RCF can read the room properly, this should be their minimum starting point. If they aren't thinking that as of right now, I guess they have until Wednesday to adjust it.
TMT Price at posting:
21.5¢ Sentiment: Hold Disclosure: Held