TXN 0.00% 58.0¢ texon petroleum ltd

txn & sea in pre open, page-36

  1. 1,998 Posts.
    Agent I'm definitely not taking credit for picking it!

    I merely just highlighted it as a feasible option. I really thought the chances were slim of it happening, considering just how many different companies (public and private) have appropriately sized acquisition assets across the 3 targets SEA mentioned (Eagleford, Permian Basin, Granite Wash).

    I think we can all agree that 0.36 cents is history. It's anybody's guess what actually happens in the end though, the whole 'split the company in half and sell of the primary asset' scenario is immensely confusing, to say the least.
 
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