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

Templeton Emerging Markets Income Fund > Hr. Suggestion

<< Previous

Bullboard Posts

Next >>

Comment by Harel1976on Jul 01, 2020 9:29am

51 Views

Post# 31211765

RE:RE:Hr. Suggestion

Your assumptions are way way of! I3e will most likely issue not more then 100m shares at price of 20p+ plus debt. The fact that any assumption changes the purchase price dramatically shows you cant have an opinion if the deal you are offered is acceptable or not. We should wait a couple of months and see if i3e will complete the 10000bbopd deal and what kind of dillution we are talking about and if they complete a farm out and what kind of cash they will secure, they might f.o for 40m$ out of the blue. Only then we can calculate how much toscanas sh recieve.

<< Previous

Bullboard Posts

Next >>

Debt-free cannabis company set for next stage of growth