RE:Takeover watch begins..... Lurk & Learns + Kadiddlelhopper + Proselenes:
100 % SPECULATION:
I recently noticed that a significant amount of my own posts (aka "paper trail" on this Stockhouse board) that COULD document some of the (alleged) activity cited in the (highly laudable) Kadiddelhoper's link. Further,
Lurk & Lurns might want do a YouTube search for "DOJ Anson Hedge Funds" and look for Thomas James - Investing (December 20 2021) video on the subject. While the search might hightlight why the DOJ is the regulator of choice for Canadian Investors when dealing with the activity suspected to be in play here.
As the Anson "expose" clearly cites the possible reason(s) for the unexpected "market's hostility" versus the earlier 4.5 of 5 drill bit success in the 100+ year history of "Turbidite Fairway" even as it extends to the Guyana off shore.
Point being, Proselenes, on viewing/reading some of the videos produced by the afore mentioned YouTube search, AND as a technical investigator for over 40 years, I would be now be inclined to petition you consider the (re) assignment of a probability of a "hostile bid". i.e. at least to something less than 100%, caveat being, "pending an (DOJ) investigation" which may or may not be "colateral" to TXP.
At least we now have a POSSIBLE alternative explanation for TXP's PPS performance in an O & G bull market of historic proportions. (say) $100+ US).
While we all have an expectation of a level playing field when we spend our hard earn money on a stock; an unexpected SWIFT & COORDINATED "market (over) reaction after March 31st announcement of Chinook and Royston's "water cut" might just be finally explained. Or even a retreat from "best is over 35 years" to an, "under promise and over deliver".
My "Stanley" + "Caveat Emptor" (buyer beware in Latin) is an easy search string for any DOJ investigator/investigating any APPARENT short attack. A DOJ request to Stockhouse for my recently removed posts might just helpful.
BWDIK? Berating versus a rerating of Touchstone's success might finally be explained with the DOJ to the rescue? Maybe, maybe not. Or is it all about "delays", a financing, or a lack of an EPS?
GLTAL - GLAP + Caveat Emptor
Cheers
Stanley