TLM update

Talisman’ takeover was confirmed this morning at $13bln. The stock has traded at $7.45 US which is $8+ in Can $. We would say thank you very much and take the 60+% profit.

Here is a chart;

TLM dec16 2014

That is a 70+% gain in little more than a week. Also several opportunities to buy before the big move. Sometimes (very often!) does work.