RCF have just disclosed themselves as a substantial shareholder of AVL. Given their history of being involved in M & A activity to extract maximum values for their LPs. I would bet London to a brick that TMT is now a target for being taken over by AVL. RCF Director recently stepping down makes complete sense to me now and was alluded to by others at the time which I didn't give much credence to at the time. TMT has been so massively undervalued for the last 12 months or more I guess there was always a chance AVL or someone else could put a deal together. The upside is the stock is trading at 28c a share and if you were ever going to buy in or buy more then now is the time. If we are going to get taken out then lets make them pay a decent price.
TMT Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held
