Tingo Inc (TMNA)

[snow]

thebear37 I agree with what you state about being cryptic about the plans for the TIO share distribution. It is even an understatement. The point is however that if no such shares are distributed the net assets of TMNA will increase by the value of the stake in TIO. You are right that TMNA could retain all the shares in TIO and then sell more or less of them to finance other activities. This creates some degree of uncertainty.

I don't think it is correct that we have no idea what future endeavors will be. I have read some things about this topic but I remember to little to mention anything. However, the African leader of this company has been extremely successful in his business eldeavors so far. The prospects of the African business of TIO seem extremely bright to me. It would make little sense to sell a large part of the TIO shares. The sale of some of those shares could finance other successful business in Africa. I assume TMNA will see to it that this stock gets a listing on a major stock exchange before long. There is thus both a downside and an upside regarding the present uncertainty.