TXN 0.00% 58.0¢ texon petroleum ltd

pathetic volume, page-8

  1. 1,855 Posts.
    lightbulb Created with Sketch. 38
    Hi,

    There seems to be a misconception about the cash offer and its tax implications.

    If a predator makes a cash offer, it will be for the whole company (and not for parts of the company so that directors can enjoy free options and still be directors of a rump company). This way it will be upto each individual shareholder circumstanc which will dictate the capital gains tax.

    I say bring on the cash offer for TXN at 65 cents a share - I gather many will like that.
 
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