in 2 hours we have done more volume than any day in the previous month
the exit over the past month or more has been painful, and imho, with texon now overdue on announcing the spud of the well demonstrates to me they did not want to give the exiting shareholder any benefit of any good news..
imho it possible the exit is over and the company is clear to at least announce news that will have a positive impact today rather than giving a large insto exiting a chance to dump into it and still sell it to hell as they have.
i rather thing the SEA talk is more than just a guess, its perhaps a very likely story.
any deal like the one being proposed would be done over many months, and imho the pattern of events all make a SEA deal a very interesting possibility.
demerge
cash and script.
and all in the next 60 day imho
will texon become a speculative stock?? lets hope so, the SEA rumour is worthy of mention and roundhouse is beign chased by many operators..
if only texon knew how to announce things, and spread things out and give more detail..
glad to see the RRC data on the texoz ops is now confirmed in an announcement!
lets sea what the months aheads give the long term holders and hope we all dont end up in the other roundhouse!
TXN Price at posting:
40.5¢ Sentiment: Buy Disclosure: Held