That's all well and good, but do you honestly think Ted would sell out? Any man that comes OUT of retirement would not bail for a quick buck, he does not need the quick dollar.
Do you not think his field trip would be to assess the imminent need for an increase in transportation of oil? POE have already mentioned capital raising to go towards a rail line, maybe CVN will bear some costs associated with ramping up the foreseen rise in output? Could he be analyzing the need for a third rig as mentioned previously? Maybe he's even dong his job by being on the ground and not running a company from an air conditioned cocoon??
There's a million reason a CEO wants to keep check on how his company is performing on-site, to assume a takeover bid is selling CVN short, literally.
To suggest a CEO has to go to the field to negotiate a takeover bid whilst the partnership CEO is tucked up at home in bed in Canada is stupidity.
The ONLY time (imo) CVN would consider a takeover of Thai is when reserves are out, sp value is way up and the bopd number is equal to the amount of crude going to the refinery (unchoked), this would ensure maximum dollar for Ted, his company and his shareholders (us). Take SDL for a PRIME example if we want to look at a little recent (failed, none the less) history.
Dream the rampers dream Mikayla. It does nothing but lessen CVN's cred. Please, just be quiet.
CVN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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