OTCPK:TLSMF - Post by User
Comment by
tvstockon Dec 15, 2014 4:52pm
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Post# 23232789
RE:RE:Repsol Offer
RE:RE:Repsol Offerhttps://quote.morningstar.ca/Quicktakes/owners/MajorShareholders.aspx?t=TLM®ion=CAN&culture=en-CA
Franklin + Templeton effectively holds 25% of TLM. Not to be underestimated.
Most funds are sitting at a loss for the obvious reason. They may counter bid.
If Carl just doubled down in recent 2 months, he definitely won't accept an immediate loss, espeically for the double down lot. . So US $9+ is very reasonable. (Remeber those Nov 9 calls?)
Carl seems to be the pushing hand behind thid deal. He has the record of announcing deals on Thrusday, one day before option expiry , to squeeze the option sellers.