Dbd25 the assumption is based on simple ‘hip pocket’ facts: RCF...

Dbd25 the assumption is based on simple ‘hip pocket’ facts:

RCF put $13.5m into TMT to become a cornerstone investor back in 2021 at 37.5c a share.
Then added $9.5m this year in the capital raise (which saved TMT having to report to ASIC how it would continue as a going concern.) The price was 27 cents a share?

Meanwhile it’s original entry price to AVL (on around $11.5m spend) was 3.3 or 3.4c a share!
Way over current prices there!

It is the most ‘screwed’ of anyone here given current prices at BOTH companies!

If it thinks the merger is the best way to a profitable future coming from its current red position then how on earth can it ‘screw’ other holders.

As far as Regal goes. Yep of course it wants to protect its own interests.
It says it will support the merger and put in more funds towards building infrastructure when the way is clear!

How on earth do you surmise that in protecting their own interests they are screwing retail holders?
That’s a paranoid view in my opinion.