Tullow Oil Share Discussion Threads

[ggbarabajagal] 10/4/2017 11:10

TLW goiing nuts

[ny boy] 10/4/2017 10:59

Ain't no stopping this one, heading for 300p

Will add more here if (HER) rocket any day on long term funding news.

[pounddreamer] 10/4/2017 10:45

LONDON (Alliance News) - Hague & London Oil PLC on Monday said it has conditionally agreed to acquire assets producing natural gas in the Dutch North Sea from a subsidiary of fellow London listing Tullow Oil PLC for an initial EUR9.8 million and future contingent payments up to a further EUR20.0 million.

[ny boy] 10/4/2017 09:58

Onwards & upwards

[moneybags] 10/4/2017 09:25

Upward trend on Brent since the middle of (Our) night

[moneybags] 10/4/2017 09:14

Phillis.............You are not as greedy as me........Well done ,That man..........Unless you are a woman, Then, Well done that woman..........You beat me......I just got plain greedy, Trading greed made me see pound signs.

Regards , MoneyILearnEveryDayBags

[typo56] 10/4/2017 09:10

The nil paid shares are your tradeable rights. You can sell then, or pay 130p to become fully paid TLW shares.

Well done if you sold your TLWN Phillis. I thought you said you were taking up the rights?

[phillis] 10/4/2017 09:01

sold late Friday pm
:-)

[typo56] 10/4/2017 08:47

Well done Moneybags. On Friday TLWN was trading as if the exercise price is about 100p, not 130p.

[moneybags] 10/4/2017 08:43

That's why I sold 102,040 right NP this goodly morn, my entire holding.I think it is bonkers as well.
I bought back into Tullow 10 days ago with 200,000 Ords so I can now run the Ords Shares if they go up, If they go down, I just sell before the post rights when the Ords main price will weaken............Unless Trumptom launces more missiles that is.

It's all good fun anyway..............But...........I should have sold NP stock late Friday.I got greedy.....5 mouths to feed, Isle of Man house to upkeep,Etc,Etc

Regards , MoneyHappyBags

[typo56] 10/4/2017 08:37

TLWN currently down -13.37%

Still seems a bonkers high price compared with TLW (as I type 118p for rights vs 229p for TLW). Why sacrifice 118p and pay 130p to take up your rights when you could just buy TLW for 229p? I don't get it.

If I had the rights (i.e. TLWN) I'd definitely sell them, not take them up.

[billy_buffin] 10/4/2017 08:27

TLWN currently down -13.37%

[billy_buffin] 10/4/2017 08:21

Proposed purchase Tullow BV Netherlands

[typo56] 10/4/2017 08:06

Why are the TLWN nil paid rights trading at such a premium to TLW - 130p? Towards close on Friday they were almost 134p whan TLW was just about touching 230p.

At these levels, why does anyone want to take up their rights when they can sell their TLWN and buy TLW a lot cheaper in the market?

Surely a great arb there if you can short TLWN?

[moneybags] 10/4/2017 07:48

I thought Brent Crude would have been more up on the far east market last night/Monday Morn, In the year of our lord 2017

Regards , MoneyOilyBags

[moneybags] 07/4/2017 20:46

It's all about the U.S.A. missiles.
More missiles, More NP rise.

Regards , MoneyAin'tItFunnyWhatMovesSharesBags

[spot1034] 07/4/2017 18:13

It seems to me that based on the price at the end of trade this afternoon, you could sell the nil paid rights, put the proceeds together with the funds you would otherwise have required to take up your rights and even after dealing costs you could buy significantly more shares in the market. Does anyone happen to know what the CGT rules are in such circumstances? Have you made a part disposal of your holding, even if you buy straight back in to the 'parent' stock?

[tjbird] 07/4/2017 17:55

Bought with target of 340p

[leedskier] 07/4/2017 17:52

I tried to explain when the RI was announced that the real money is made by those trading the NP.

The NP are treated as and traded as highly leveraged options.

Those who bought shares at 200p now have a share valued at 226p and half a NP per share valued at half of 125p. So the gain if sold today is 88,5p,

Not a bad return for a main market share in the short space of time since the RI was announced.

[phillis] 07/4/2017 14:24

NPs flying

[ifthecapfits] 07/4/2017 14:01

I've taken my rights too. Onwards and upwards. Non ME oil. nice.

[jondev] 07/4/2017 09:42

Oil prices are soaring after last nights missile strikes on Syria...

[mpclag] 07/4/2017 07:08

this share price will be laughed at in 12 months time. Assetts being sold, bondholders holding reduced, debt reduced and great producing assetts coming on stream.

[mcsean2164] 06/4/2017 19:00

Price holding up really well... Imagine it will go significantly north from here.