TXN
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0.00% 58.0¢ texon petroleum ltd

merger details out, page-133

  1. clueless101
    232 Posts.
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    15/11/12
    19:04
    Post #: 11006607
    Hi RichE

    So basically RBS are saying that the TXN acres are creditive to SEA's expaned share base of about 400 Mill shares by about 55 cents per share.

    Therefore Texon is selling a bit over $220Mill short of what the acres are worth to a reasonably run company.

    Who were our advisors??
    TXN Price at posting: 38.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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