TXN texon petroleum ltd

i'm out

  1. 1,137 Posts.
    Been a long term holder of TXN and today i decided to reduce the risk and sell out for SEA. No doubt the deal with SEA will go ahead, but i wasnt prepared to risk it falling over because if it does, i dont want to be holding TXN. SEA on the other hand, in my view wouldnt be dented. For one, they didnt budge when they agreed to merge with TXN. Put the residual into mrp a tidy gold and silver play.

    Talon does nothing for me and prepared to forgo them to reduce my risk.

    Best of luck to all and most likely see you in a few months on the SEA thread. TXN - thanks for a 33% loss.

    DYOR
 
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