TXN 0.00% 58.0¢ texon petroleum ltd

merger details out, page-196

  1. 9,634 Posts.
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    Here lies a great trading opportunity. During the time of AUT,ADI and EKA it was possible to make many trades between the three as the relative values changed. I see the same here with SEA and TXN. Over time I accumulated a million freebie EKA as some posters here will know.

    Today it is possible to buy 2 TXN for the 1 SEA. That leaves the Talon for whatever it is worth as a freebie. I'm sure there will be opportunities to sell the TXN and get some "freebie SEA shares on a change back. I'm certainly going to be doing some switching back and forth.

    My sentiment must show as none in the absence of "switch trades as the opportunity arises".
 
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