If as you say RCF is "the most screwed of anyone here", who has screwed them ? TMT board management for failing to progress the project ? Or was it retail investors ? RCF are the largest shareholder, and you are saying they are the most screwed ? That sounds like they made a bad investment - maybe corect given their average buy price must be around 37c. So the solution to their investment now being heavily in the red is to merge with the neighbours ? Personally, I wouldn't trust a cornerstone investor in this position to be making decisions that were supposedly to help retail investors.
All IMHO, DYOR
Add to My Watchlist
What is My Watchlist?