Agree blackdog. Unless they come out with lots of news my view is that Talon shares will be dumped very quickly. My other concern about management is that at the August EGM they conveyed the view/fact that they were not a "forced seller" of the EFS and they controlled their destiny. I cant see how 3 months made such a difference but it is now clear they do not have the $$ to do all the necessary drilling and keep all the leases.
i am happy to hold as still think this is undervalued and hoping for another bid.
TXN Price at posting:
48.0¢ Sentiment: Hold Disclosure: Held