the price is low - but will be sold to shareholders as the best way to realise the true value.
The case can pretty easily be made the Sundances assets are very undervalued currently as well ($220m market cap with $165m cash + baaken, niobrara & Missisippian) - so TXN holders will share in the upside of these assets as well.
I think this will be fine
merger details out, page-61
-
- There are more pages in this discussion • 144 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
