mon is destroying tty value., page-29

I sold out of TTY this week, having previously been a sh of MON as well (sold that before the consolidation).

I am a very patient investor but i like transparency and i can't see this with TTY anymore.

Sure,TTY is producing and there is revenue coming in but how much has MK burned on his acquisition spree?

Then there is the issue of murky financial dealings within this empire, for example the IRL loan to MON and i believe TTY propped the MON share price during their rights issue.

I also believe that MK's massive ego will cause him to burn a lot more TTY cash on MON to try to save it. I wouldn't even rule out a takeover. Remember how he said MON would remain a seperate entity? Well it seems he has already changed his mind on this without advising anyone.

I will keep TTY on my watchlist and reconsider it later when MK has finished his acquisitions and revealed his long awaited upgrade.

In the meantime these waters are too murky for me.

Regards.