The lack on information in the announcement is going to hang over the share price, imo. If Edhod is under administration how does this affect TNK going forward. I mean this is basically a roll-out type business that uses external funding to build their centres and transfers a substantial part of the risk of a new centre to the "incubator" partner. Does this mean TNK will now bring these builds on to their own balance sheet?
A bit more clarity from the company would be good.
TNK Price at posting:
$1.63 Sentiment: None Disclosure: Not Held
