Petronet renews investment deal with Tellurian for NASDAQ:TELL by AlenCiken

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Petronet renews investment deal with Tellurian

India's top gas importer, Petronet LNG , has renewed its initial deal to consider investing $2.5 billion in U.S. liquefied natural gas ( LNG ) developer Tellurian Inc's Driftwood project, Indian sources familiar with the matter said.

Petronet and Tellurian now have time until the end of December to finalize the deal

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It pulled back because of the DIRTY deal of selling 35 million shares at $1 per share. Right after the announcement of the Petronet talks to finalize a deal. They released the announcement the stock shot up and then they offered to a private group 35 million shares at $1 when the stock was up to $1.58. - DIRTY. In one shot they diluted all previous investors by 15% while making this group millions.

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gabalanos

@gabalanos, exactly, still feel the pain from the knife in my back. I actually bought shares the day the deal was announced at 1.48 per share. Unbelievable dirty to announce that deal the day before announcing the dilution.

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is there a future for this stock ??? please i need help in answering this question !!

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rough pullback

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