I see someone thinks having seven distinct lines of business within a small cap is a good idea . . .7 x announcements eh?
Get real. Small caps are small because they are yet to actually create something of value. So each distinct business line has one seventh of managements time. One seventh of the financial resources, one seventh of the focus and one seventh of the fund raisings.
Yet together they cause SEVEN times the funds to be raised to support growth.
Some (I'm thinking of one frankly) on this Board are experts . . . at generating fees, they do so as individuals and they do so as consultants through their supposed "arm's length deals".
TNC is dropping back again today with the buy becoming the sell with one solid sell order. This company will go nowhere fast. Like my broker said about walking "walking is over-rated, its simply a process of getting nowhere slowly" . . . . well this could very well be said of TNC. Now with one seventh of the focus, it will go even more slowly.
TNC Price at posting:
0.6¢ Sentiment: None Disclosure: Held
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