TXN 0.00% 58.0¢ texon petroleum ltd

txn & sea in pre open, page-13

  1. 1,375 Posts.
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    Technique, you aren't the only one who may be eating a hat. I doubted SEA would buy TXN assets because TXN wants a prize price from EFS, whereas SEA tends to buy low price assets and derisk them up (but, unlike TXN, also put those assets into production).

    If SEA does acquire TXN land, then congrats to all. But particularly hats off (er, if it isn't eaten first) to Sharejon, agentm, and others who predicted this: Here's Sharejon's prescient post:
    http://hotcopper.com.au/post_threadview.asp?fid=1&tid=1864462&msgno=8761691#8696042

    Here's agentm's favourable expectation:
    http://hotcopper.com.au/post_threadview.asp?fid=1&tid=1864462&msgno=8761691#8699384

 
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