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Re: Punchinello post# 2656

Tuesday, 05/30/2023 3:34:14 AM

Tuesday, May 30, 2023 3:34:14 AM

Post# of 3589
Punchinello You are right. I see this stock now as purhaps the best investment opportunity I hhead.ave seen if you look one or two years ayhead. I have seen no good explanation why the stock price has been more or less flat for weeks while the pps of the "sister company" TIO has roared ahead. For traders TIO has been the right company to be in. I suspect the same situation will prevail for some time. The volume of trading is way higher in TIO than in TMNA. But based on the information that is available about the facts and the terms of the coming reverse splits the pps of TMNA should have been about three times higher than it is now relative to the pps of TIO. But there is more uncertainty attaching to the shares of TMNA. The shares that it is expected to receive in TIO may or may not be distributed to the shareholders of TMNA. Some t hink the latter alternative is very negative. TMNA may initiate new activities in Africa on its own. This creates a degree of uncertainty. In my view the shares of TMNA should now have been at least 10 times higher than what it is.
Bullish
Bullish