Annanaum,
trans might not be on their last 10c but could well have extended themselves to the point where they need to sell some to cover financing, interest etc. Who knows except them really ?
could you elaborate further on those 'sydney people in the know' you spoke to?
Trans do still have a v large holding. If the selling announcements keep coming then I'll be Looking to exit as it'll hit geoffs credibility.
Interesting times.
Cheers
mark
transocean has finished selling, page-16
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