TEX
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0.00% 8.0¢ target energy limited

Jarr,The way I look at it is if I knew we had good results I...

  1. radioactivewhale
    4,440 Posts.
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    07/10/09
    14:37
    Post #: 5744423
    Jarr,

    The way I look at it is if I knew we had good results I would release the news to the market now making rights attractive but if I knew the flow rates were going to be bad then I would release news after ex rights closure date.

    Does this make sense?

    Even though if these rates are not good the stock anyway is so undervalued that it should be trading at 40c on 10 times earnings.
    TEX Price at posting: 6.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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