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Ann: Transaction Update, page-70

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Therookie88

2,711 Posts.

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16/11/23

10:00

Post #: 70931980
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Originally posted by MRichter: ↑

I've kept pretty silent through all this but between myself and 3 others I know we hold just over 1 million shares. We haven't registered anything but are leaning towards voting no.

The last time we got information on holders it was something like 90% of the company is owned by 100 investors.

To already have 10% saying no is actually quite a lot.

I'm not against TMT being taken over or "merging" with AVL but I don't want AVL shares and I want TMT correctly valued.

Expand

this was prior to the last raise so may be slightly different now.

in theory if everyone in the top 100 voted Yes and the whole register voted, it would only just scrape through.

clearly we know that's not going to be the case.

IMO this getting up in its current form is very unlikely.

Last edited by Therookie88: 16/11/23

TMT Price at posting: 23.0¢ Sentiment: Buy Disclosure: Held
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Ann: Transaction Update, page-70

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