would people as investors put money in at 50% premium and think the company will just be raising money and not do anything? We are talking about Tommy's reputation here. Reputation is very important in Asia. The fact that they got Beijing gas group on as a significant shareholder should signal to us that they are for real. If they fail, Tommy's reputation and Po's and Paul's will be down the toilet, no one would do business with them again.
TNP Price at posting:
1.2¢ Sentiment: None Disclosure: Held