Tullow Oil Share Discussion Threads

[avidacre] 21/11/2017 14:04

Buy volume 6 million, sell 3 million.

[billionaire1] 21/11/2017 13:27

still it would be nice to know how the terms of sale
typical of managements attitude to shareholders

[frazboy] 21/11/2017 12:32

Because it's immaterial

[billionaire1] 21/11/2017 12:13

why is there no rns regarding latest disposal of asset

[nicebut] 21/11/2017 11:42

IMO someone is divesting themselves of TLW shares. Hopefully when the overhang is cleared it might go up?

[billionaire1] 21/11/2017 10:08

must nt have got a good price otherwise price would be up

[gregpeck7] 21/11/2017 09:54

Good news. Rns should be incoming.

[gregpeck7] 21/11/2017 09:49

looks like they have sold a percentage of one of the Namibian blocks off

[frazboy] 21/11/2017 09:08

The change in short positions look pretty modest nicebut, the peak was around 15% a few months back, and were now around 7.5% up perhaps half a percent. Could it be that tullow has suddenly become a leading indicator for the price of oil!?

I did ask if anyone could explain the only $400m FCF in 2017 but I got no response. Having reread the announcement I think the company is being conservative (it looks like it was conservative on TEN) and it will be better than that. 2018 should be similar - new wells on TEN and Jubilee will not kick in properly until later in 2018 - but with 150m extra from Uganda farm out.

Given the 20% price fall it's just as well the company didn't announce any bad news!

[nicebut] 21/11/2017 08:56

Quite remarkable drop on no news- So all ii short have increased their positions except one. One could think they`re in it together...Must be ii dumping too. But no holdings RNS as yet...

Seems to have totally unzipped from PoO too, unless PoO is going down of course. Hey ho- nothing goes down in a straight line either!!

[gregpeck7] 21/11/2017 08:52

Fall here is ridiculous.

[leoneobull] 21/11/2017 06:51

Forcemode. Pmo has suffered from down days a lot more than tlw so a decent up day on good news being confirmed there shouldn't surprise anyone As for tlw when you watch the book on low volume days it is sooooo algo manipulated. I cannot see any material change since the excellent update

[leoneobull] 21/11/2017 06:48

Sell-off overdone. Tlw normally bounces back quickly

[forcemode] 21/11/2017 01:42

PMO had a nice tick up Monday (ignoring their news which wasn't that significant) and yet we're down quite a bit, that's the worrying part for me. Something lurking?

[john09] 20/11/2017 21:03

Back to £1.45

[mcsean2164] 20/11/2017 20:50

That's the question!

[larva] 20/11/2017 20:33

Why a sell off

[teamwork1] 20/11/2017 20:32

Stay positive

[krammy1] 20/11/2017 19:47

Yes I stand corrected , hard to believe it’s done this in the short period .

[billionaire1] 20/11/2017 19:16

worse than boring costly

[krammy1] 20/11/2017 18:12

Boring share price 😃

[avidacre] 20/11/2017 16:40

Shows on teletext as 1P