TXN texon petroleum ltd

"We think TXN looks undervalued at these prices, but understand...

  1. 644 Posts.
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    "We think TXN looks undervalued at these prices, but understand the market is nervous due to lack of news flow surrounding the monetisation process. We think that it is important to realise current market conditions and that the acreage is valuable, and therefore patience may be required to get to a deal which recognizes that value."


    So In layman terms, The market isnt willing to pay what we would like. Maybe if macro conditions change we will get the price we want.
 
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Currently unlisted public company.

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