Given that RCF held its’ investment in the now merged entity, TMT, since late 2021, had Jacqueline Murray’s bandwidth focused on the project(s?) for more than a year after (that after appointing her as a director at TMT), and had no doubt incurred plenty of other research and development estimates before it commenced buying into AVL I would’t be surprised if it’s looking for a higher return than 5c a share or whatever the equivalent is in times to come.
I wouldn’t call Tribeca, Regal or Sternship ‘partners’ in crime though …. Do you know what percentage holding they own of AVL now?
…. and I wonder when RCF will update on its’ new merged ‘substantial holder’ share ownership status?
cheers
AVL Price at posting:
1.7¢ Sentiment: None Disclosure: Held
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