It's interesting that since both stocks started to climb higher they have done so pretty much hand-in-hand. Since about mid-June AVL is up 79% (3.8 to 7.0cps) and TMT is up 84% (42c to 80c as we speak). TMT did move a little bit earlier but the AVL premium to TMT has been consistent the whole time. Can't quite work out why that premium has been so hard to narrow down?
