TXN 0.00% 58.0¢ texon petroleum ltd

Clueless, it would be nice to get a bid from another player, but...

  1. 17,783 Posts.
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    Clueless, it would be nice to get a bid from another player, but this saga has probably run it's course.

    TXN have really butchered this golden goose, but I am fairly comfortable that SEA will be a little more dynamic with EFS than what we have been accustomed to.

    We were pitched at the EGM

    "Overall, the Company is better placed than three months ago –now pressing ahead with a value adding forward plan"

    "unlock value embedded in emerging oil projects"

    Something seriously got lost in translation, from the stance that management would not sell if the price isn't right, only to finally sell like a desperate vendor.



 
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