I don't really see what the point of stapling is here. They've lost their external incubator so now they're doing it internally. The prezzo sells it like they're sheltering TNK s/holders from development risk, but they're not because those same shareholders are stapled at the hip to TND.
Anyway, I lost interest in this. It's gone from being interesting with a lot of the development risk loaded on to an external developer to just being another child care rollout with TNK s/holders now exposed to the development risk.
- Forums
- ASX - By Stock
- TNK
- Ann: TNK Proposed Restructure Additional Information
Ann: TNK Proposed Restructure Additional Information, page-2
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add TNK (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online