TXN 0.00% 58.0¢ texon petroleum ltd

wilcox coolangatta, page-9

  1. 8,338 Posts.
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    i think the ole bot is winning

    now you have both directors smashing the sp with high volume selling and the bots happily doign their thing.... so imho the ambition was from the directors and others to suppress the sp to these levels for a long time still

    its an interesting time for the share as you have to contend with the directors also in this case..

    i still see the sp and market cap as way under valued, but you cant do much when the directors and major shareholders are smashing the share down and flooding the market with shares

    would hope its all over but who knows what the directors will do next? will they flood the market with more? are all the major holders following suit?

    will the directors / major holders just pocket the cash or perhaps use the millions they have made to make an offer on the company and take it private?

    just thinking out loud here.. wondering just what the plan is as the smaller holders are being crucified right now..

    anyone else wondering why the directors and major holders want this current sp suppressed to these levels. they must have an end game in mind, and it sure is not to give the smaller shareholders fair value..
 
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