Sadly, imo, these guys dished out promised hype on EFS sale which has been a boon for some to take their cue and exit once 70 cents was hit late February.
Since then it has been all down hill, news flow has been poor with regard to the sale process.
They couldn't transact a deal in the hottest part of shale oil world.
No problem lets award ourselves 6,600,000 options as incentive to achieve Company’s strategic goals, and lets give it a 4 year expiry just to be on the safe side.
They have cooked this goose and used us as stuffing.
Yes there is always the bottom draw, but the positivity has long evaporated, when the company cannot coummunicate the current state of play and RBS if left to provide the commentary.
Obviously RBS is getting a little nervous as they are providing more updates than TXN.
Before anyone states the nervous nellie tag, I am more frustrated with the lack of clarity and the sense of "trust us we know what we are doing". Why hasn't the management / directors been buying over the last 4 months?
TXN Price at posting:
49.0¢ Sentiment: Hold Disclosure: Held
