OTCPK:TLSMF - Post by User
Post by
nixxemon Dec 15, 2014 3:50pm
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Post# 23232479
Price to Book
Price to BookAm I correct here
Price to book 0.5 Industry average 1.2
sales approx 5 billion a year
Assets 10 billion
And we expect this company to be sold for 6 billion..
Sounds like a good buy for Repsol
There does seem to be too many leaks in the press before theres ink on the paper
I Hope theres an offer soon If I was in the room today I would be concerned for 2 major issues
What happens to me
and How much are my shares worth. Can see stepping down in this climate shareholders would be outraged with todays price if we werent distracted with this news
My prediction is Its going to take $8-10 per share to get this deal done.
Has to a lot of phone calling to major investors to get an idea of what its goinna take
cheers