TXN 0.00% 58.0¢ texon petroleum ltd

texon efs sale , page-28

  1. 1,998 Posts.
    Bought back in today, and I think I took the right approach by having no expectations on the purchase!

    With EFS wells planned for the next several months, we could be stuck down here for a while (transaction-less), or at least that's what I'm prepared for anyway.

    Eventually (hopefully), I feel push will come to shove and some of TXN's fundamental value will come through.

    I'm putting this parcel in the bottom drawer, but I'll continue to research to see whether I should add more.

    Absolutely ridiculous fundamental value being attributed to TXN, but this can be the case with out of favour companies, especially those who don't seem to have that much recognition towards shareholders wants (decent marketing for example).

    Watching and waiting for something to happen!
 
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