Share Name Share Symbol Market Type Share ISIN Share Description
Tower Resources LSE:TRP London Ordinary Share GB00BZ6D6J81 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  +0.00p +0.00% 1.775p 625,344 07:48:20
Bid Price Offer Price High Price Low Price Open Price
1.75p 1.80p 1.775p 1.775p 1.775p
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers -1.62 -1.07 6.7

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Date Time Title Posts
18/7/201806:57TOWER RESOURCES24,875
19/4/201722:41Tower Resources To Collapse Sub 5P33
26/8/201414:14Tower Resources - Ugandas Little Gem5

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Tower Resources (TRP) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2018-07-17 14:12:271.774,97788.04O
2018-07-17 13:54:581.751,00617.62O
2018-07-17 13:39:141.751602.80O
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Tower Resources (TRP) Top Chat Posts

Tower Resources Daily Update: Tower Resources is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker TRP. The last closing price for Tower Resources was 1.78p.
Tower Resources has a 4 week average price of 1.55p and a 12 week average price of 1.35p.
The 1 year high share price is 1.88p while the 1 year low share price is currently 0.78p.
There are currently 377,335,427 shares in issue and the average daily traded volume is 415,643 shares. The market capitalisation of Tower Resources is £6,697,703.83.
dodge city: AGM 29th June, so an update mor ethan likely before then. The risk here is that they hold back the CPR until the fund raising and any placing is lower than current price. Looks like there will be no pump or we have already had it. On the bright side the share price is holding up despite mostly sells going through in the past week or two.
dodge city: There has been quite a bit of selling this week and the share price has held firm. So who is buying?
alexw80: I haven’t been in TRP since 2104 and haven’t been following it much since but I have however recently reinvested a small amount in anticipation of the next drill. Now I’m assuming everything is still going ahead as planned but this years financials shows TRP have a lot less in the bank than prior to previous drills... can we assume that there will be some sort of big share giveaway to raise funds (whilst diluting the share price further) over the next few months?
imjustdandy: We are witnesiing a re rate in front of us. 10p plus on good 3D and the share price appears to be anticipating such
lw425: This is a really interesting set up here. From a TA perspective the gap at 2.4p from late last year is screaming to be filled and also the 100 MA line on the weekly chart stands out at 2.9p. The expected news flow exepcted shortly and assets do support expectations of a much higher share price so will be great to see how this plays out
dodge city: I don't think you'll see any seismic news until April, but you never know. In any case this is only going one way because the mkt cap is so low and it ain't going bust. If there's oil in Cameroon, and there is, who knows where the share price could go. Get in now while you stil have the chance.
mr_blonde: The MMs will spike the share price up to around 3-4p to get a placing away to raise money for the drill. A spike is inevitable here in the next 3 or 4 months. The smart money is getting on board now.
cube boss: There will be a huge Oil find in, or around TRP's Licence in Namibia, that is for sure! and another thing is for sure, TRP will drill again on their Licence in Namibia, but this time it will be to TRP's desired Depth!. Like somebody said the other day, when a company puts out an RNS like they did on Friday, it's very upsetting! but is a requirement. It usually reads, The Company knows of "NO REASON" for the price movement, But on this occasion the RNS read, The company provided a Comprehensive update to the market on 19th of March 2015 and Confirms that the Directors are not aware of ""ANY OTHER REASONS"" for the continued movement in the share price. So it's Fair to say that what the Company's written in the RNS dated 19th March, does in fact Justify the Price Movement!!. I did Talk to Graeme Thomson on Friday after the RNS came out, and even though it was a requirement to put out the RNS, he didn't want to do it!, he did think TRP was very over sold, and did think the share price would recover! he also confirmed TRP did want to drill deeper than Repsol did, and said they where still optimistic about Namibia, and TRP's other Licence's!! Very happy to hold!!! Anyone thinking of selling/buying should read the RNS dated 19th March 2015 very carefully, it's very Positive and to the point! and for those reasons I can see why the share price has started to recover! and will keep doing so!. As Friday's RNS stated, """We know of No other reason for the Movement""" apart from what's written in the RNS dated 19th March!! Open your eyes guys! ;0))) And Yes Judi, I am for real, and very long on TRP!! .2p is very low and I've taken advantage! :0) What I hold now has cost me £11.5k less than 1 year ago would have cost me £350K!! Buy low!! ;0))
luminoso: Tight holes might be alright for a major like Repsol where this well is not the be all and end all, but for a minnow like TRP, this well can mean movements in share price of several multiples - ie no chance of a tight hole, where so much potential profit and loss is concerned. Repsol will be forced to allow an announcement if the TRP share price is going crazy. Its a pipe dream, this tight hole ! :-)
belisce6: the Delta prospect, if successful might then be mimmicked by the other 3 prospects in the relevant licences... so the potential 10bill barrels of (recoverable) oil becomes something larger my a multiple of 3 or 4... so if this aint a duster, but is a commercial oil strike instead, then these crazy figures in the pounds sterling for trp share price will be justified...
Tower Resources share price data is direct from the London Stock Exchange
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