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Templeton Emerging Markets Income Fund T.TEI


Primary Symbol: TEI

Templeton Emerging Markets Income Fund (the Fund) is a closed-end management investment company. The Fund seeks high, current income, with a secondary goal of capital appreciation, by investing, under normal market conditions, at least 80% of its net assets in income-producing securities of sovereign or sovereign-related entities and private sector companies in emerging market countries. The Fund invests in bonds from emerging markets around the world to generate income for the Fund, seeking opportunities while monitoring changes in interest rates, currency exchange rates and credit risk. Its investment portfolio includes foreign government and agency securities, corporate bonds, convertible bonds, and short-term investments. Its markets are located in the Asia Pacific region, Eastern Europe, the Middle East, Central and South America and Africa. The Fund's investment manager is Franklin Advisers, Inc.


NYSE:TEI - Post by User

Post by HRc60to65on Jun 24, 2020 12:18pm
129 Views
Post# 31186161

Definition of a fair offer by TEI officers and directors

Definition of a fair offer by TEI officers and directors30 times more for TEI officers and directors and 33 times less for TEI shareholders, is the definition of a fair offer.


Now I3e has 182,300,000 shares outstanding

TEI has 145,128,518 shares outstanding

The offer is 4,399,224 shares of I3e for all the outstanding shares of TEI, including Officers and directors of TEI shares options exercises. 

That exercise of options by officers and directors of TEI will decreased the pay out to all of us the TEI shareholders.  

All offiiers and directors shares options have a zero (0) value. 
I3e give to them 30 times the new exercise option price of 0.0001$.

Shareholders real value is more than 10,000,000$ and I3e give them less than 300,000$, it is 33 times less than the real value of the TEI shareholders value.

That is the definition of a fair offer by the TEI officers and directors of TEI, 30 times more for them and 33 times less for shareholders
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