looking forward to the next agm, page-8

Krispy, I am also underwater and I imagine most txn holders are. But one must look at the fundamentals to establish value vs risk. In the case of txn IMHO the value outweighs the risk. Plenty of other stocks right now in the same boat. Even with more announcements the sp still gets driven back down, so I don't know if more announcements would have us in other position. Marketing of a company is used to attract more investors to drive up the price, in this case they know the efs sell is what will drive the price no matter what else they do. So I imagine all efforts are focused on negotiating the best price for efs and identifying enough good opportunities for txn2 that some holders will stay on so they have support to keep drilling.

So if time line is not an issue then there is value here, but if you need short turnarounds then txn is not one to be in. Myself hoping for some discount on cgt when it finally happens thereby increasing my net return even further.