Summed up well maxter..I did say when the Vinsom deal was rushed through that the sp would be hanging around 10c for quite some time. Ironically PB accused the Brown's of disrupting TNGs progress. If that ain't a case of the pot calling the kettle black I don't know what is. He needs to take heed when a former number one holder raises concerns. So has he learnt anything by this??..I doubt it. Our only hope of transparency now lies with the new chairman (one we should have had over a year or two ago when Evans resigned).
Now before anyone complains about Vimson being much needed funds...think again... a year or so ago PB said we'd have enough funds to see us through to finance, since then we've had two. So what has changed??? perhaps it was the foresight of oppies not being taken up back in June 2018... it could explain the first C/R of around $4mil @ 14c back in April 2018..(roughly the same amount of funds we'd have had the options been taken up). .....But as for the Vimson deal being rushed through prior to the AGM??...with no binding agreement or said interest prior to the 20% discount and 10% stake in TNG @ 10.4c.. if something big comes of this marriage I'll be a monkey's uncle...I hope for PB sake it does otherwise imo he'll be joining RT.. Share price is sub 10c because of the Vimson deal.... Lets hope It's worth it and something big does come from this.
TNG Price at posting:
9.3¢ Sentiment: Hold Disclosure: Held
If that ain't a case of the pot calling the kettle black I don't know what is. He needs to take heed when a former number one holder raises concerns. So has he learnt anything by this??..I doubt it.
