OTCPK:TLSMF - Post by User
Comment by
oginveston Dec 14, 2014 11:41pm
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Post# 23229895
RE:RE:Timing....TLM should slowplay the next couple weeks
RE:RE:Timing....TLM should slowplay the next couple weeksSo if crude pops this week and TLM trades up to $7 you really think Repsol would stay with a $7-$8 bid? Its their money, they can do what they want but how does TLM recommend a deal to shareholders with no premium?
Bring on the shareholder lawsuits if TLM board was to recommend accepting a deal with no premium.
If there is a major short term rally in the energy sector then why would TLM shareholders vote to accept a deal? Repsol would likely have to sweeten the deal.