Tingo Inc (TMNA)

[snow]

Perfectson Admittedly, this is to some extent a safety net but it is not a satisfactory safetynet for the shareholders of TMNA. A 27% stake is far less than a 75% stake. It seems to me to imply that the pps of TMNA right now is more or less correct in relation to the pps of TIO. I find it hard to believe that the person who more or less created the African business would accpt this low stake for himself. Therefore my guess is that the deal would founder if this were the outcome. What would happen next? My guess is that the shareholders of TIO would be in very great trouble indeed and that the shareholders of TMNA would again own the part of TIO Group that has significant value after some time. But this is only my guess.