OTCPK:TLSMF - Post by User
Post by
modulexon Nov 08, 2014 11:20am
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Post# 23109829
DONT EXPECT A TALISMAN TAKEOVER AT MORE THAN $12.00/SHARE
DONT EXPECT A TALISMAN TAKEOVER AT MORE THAN $12.00/SHAREI have listened to Q3 earnings this past week. CEO Hal Kvisle comments very clearly implies that the company is having very difficult times in processing with required asset sales in order to lower its heavy debt. In this current depressed oil & gas cycle, time is playing against Talisman. I just hope that an outright sale (even into parts) of the company will be announced. No mention about "Repsol" is a sign that this file is likely closed. With a paltry share price of approximately $6.50, largest shareholder Carl Icahn will definitely want to exit Talisman at the best recovery price.