RE: RE: RE: RE: RE: RE: tough being a value invest SP down to under $9.90 at one point this morning.
Just reading thru some old posts and there was a mention of Petronas being interested in some of TLM's asian assets. That led me to ponder a few questions:
1. Who else would be a likely buyer of TLM's asian assets?
2. Who would want TLM's North Sea Assets?
3. Who would be interested in TLM's land holdings in Pennsylvania and Texas?
I am wondering if there is a bit of discussion going on right now with interested players and a consortium forming to put a bid together to take out the company and then hive off the parts to interested parties. There are a couple of indiviudals on the board/senior officers who have links to the investment banking world, maybe this is a deal in the works with such a cheap price for market shares.
Just my opinion, no shares currently held...as of yet.
Steam