TXN 0.00% 58.0¢ texon petroleum ltd

Ann: Progress Report , page-38

  1. 5,541 Posts.
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    Nursery: You have to be in it to win it, but you have to be in it to lose it too. Good thing I got out! TXN traded at 53c today. I bet a lot of people would like to be able to sell for the 63c I got. My saying it may get to below 50c looks a little less silly now, perhaps.

    I don't think I'll be tempted even in the high 40s, I'm really just not that impressed by the fundamentals. Something in the fundamentals would have to impress me to consider getting back in now with a view to the long term. It may or may not be good, but I think there's better elsewhere.
 
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