TKG 0.00% 0.3¢ takoradi limited

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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