SEA 0.00% 16.5¢ sundance energy australia limited

sea takeover of txn acerage, page-2

  1. 2,614 Posts.
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    I mentioned on the TXN forum today that I thought SEA will be getting a bargain, which they did IMO.

    SEA's presentation says "the combined entity will be well funded for further acquisitions and development", so in other words this doesn't impact the 1301 tax rule it says, but future acquisitions will (in the time frame).

    So there could be cash acquisitions to come, which will off-set the tax.

    I am even more bullish about SEA now than I was previously.

    This is an absolute outstanding company, best I've ever invested in.
 
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