TXN 0.00% 58.0¢ texon petroleum ltd

texon efs sale , page-13

  1. 1,197 Posts.
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    In my view no one is buying because people see a potential cash flow problem ahead. You can spend on developing exising and make $ (profit) for the based on using loans etc. But this mob keep on spending on extra things at the same time - eg Wandoo, expanding acreage (at what price no one knows)etc.



    Its like they don't have advice from an accountant when they make decisions!
 
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