Yes its looking that way now, i raised this issue a couple months ago but it got dismissed by most here. They are also looking more and more incompetent as time goes on, they should really consider getting a major in and dropping their WI so that they can start developing their EFS land efficiantly and in a timely manor. Im very happy that i scaled back TXN at around .70c a couple months ago, the well data that was coming out just did'nt sit right for me.
I also noted that the directors must like living it up big at our expense.
This from the quarterly -
Payments to directors of the entity and associates of the directors, Payments to related entities of the entity and associates of the related entities -
Last quater - $292,000
As a comparison AUT spent $248,000 and they are valued at over $1 Billion.
TXN Price at posting:
45.5¢ Sentiment: None Disclosure: Held
