Yes for something that was suppossed to be complete by mid year is turning out to be a joke, I know many of the faithfuls are loosing patience with these guys, a 50c float back in mid 07 plus capital raising, plus 5 years and its finished at 55c. Why dont they announce that they now expect the deal to be complete by the 20th of October (or even 20th of December, just the latest possible date), and then finally after 5 years complete a task before the expected date and actually over deliver on communication for once. Even sticking the For Sale sign out the front like they have shows that they didnt have the contacts and networks to get an "Unsolicitited" bid. They are just deadset lucky that they have producing wells.
Come on Texon Management give us a pleasant surprise for once.... Please....
TXN Price at posting:
55.0¢ Sentiment: ST Buy Disclosure: Not Held