Tencent Music Entertainment Group V.TME

Primary Symbol: TME

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Tencent Music Entertainment Group is a holding company mainly engaged in the provision and operation of online music entertainment platform. The Company is mainly engaged in the provision of online music services, social entertainment services and other services. The Company operates four major product brands, QQ Music, Kugou Music, Kuwo Music and WeSing, through which the Company provides online music and social entertainment services to address the music entertainment needs of audience in China. The Company also offers Lazy Audio, the dedicated long-form audio app as a complement to the flagship music-centric product portfolio. The Company is also engaged in the sales of music-related merchandise, the provision of services to smart device and car manufacturers and ticketing services for online music events. The Company mainly conducts its businesses in domestic and overseas markets.

NYSE:TME - Post by User

Tencent Music Entertainment Group > TME .11 x .78 = TME deal share value $ .0858 Read more at ht

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Comment by moonshot5on Jun 09, 2015 1:47pm

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Post# 23811848

RE:TME .11 x .78 = TME deal share value $ .0858 Read more at ht

Silverfreaky wrote:
That is really bad!
Why did they not finance the open pit and wait for better times?

Correct.

It is non-dilutive financing however and the new company will be cash rich. Maybe the idea is to get cash flowing quickly with the gold mining and begin drilling TME and EAG property.

I think we will be very happy 6 months from now, but it it stinks for the moment.

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