So looks like some MNC will need to be sold to fund other...

  1. 2,214 Posts.
    So looks like some MNC will need to be sold to fund other exploration. Not a train smash, but MNC daily turnover has been low, averaging <4m per day of recent times. What would not be good is for TKG to be consistently selling MNC shares for their own funding requirements. This could really have a large "overhang" affect on MNC's sp.

    What would be a win/win is if, as another poster commented, TKG or MNC arranged for the whole or a large parcel of TKG's MNC shares to be placed with another investor.

    So this makes TKG/MNC interesting to watch. I'm going to do this until TKG's strategy for its MNC holding becomes clearer.

 
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