Addax Petroleum (fka AXC)

[tryoty]

Thanks Strategy. I think your scenario is quite plausible. I do wonder about those shareholders who hold shares in IRA/Roth accounts. There can be very serious tax consequences for holding foreign company shares in those accounts. I certainly hope the company would be proactive in preventing harm to certain accounts.

I don't know how big of a problem it is, but I know it exists. I doubt they do.