TXN 0.00% 58.0¢ texon petroleum ltd

debt arrangement, page-14

  1. asf
    9,888 Posts.
    Unlike SDL- who clearly have their own problems, but got a loan from their suitor- it seems TXN and SEA are keeping their finances separate at the moment. I almost see this as saying, "Shareholders, vote for this merger, or TXN will be saddled with 20% interest rates." Could be wrong, of course- sometimes one can read into something, and it can be very wrong.
 
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Currently unlisted public company.

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