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13/11/12
19:31
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re: Ann: Texon Petroleum Merger with Sundance...
Shades of other oiler shareholders being sold down the river as soon as things start to look up.
Guess that TXN didn't have the necessary funds to complete its drill program and went looking for a sugar daddy to help them out.
Low premium on the deal which will take 5 months to complete during which time the markets could be way up or way down...........
No position and no interest in getting in the shares at the present time.
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