Tullow Oil Share Discussion Threads

[ohdearohdearohdear] 09/12/2019 15:31

Rights Issue will be below 30p imo. Best to wait until then before buying for the medium term.

[chesty1] 09/12/2019 15:30

Every tick up being dumped into SERIOUSLY AVOID

[iamgreat1] 09/12/2019 15:30

Damn l2 looks like another love south

[tahmina1] 09/12/2019 15:30

AFren involved criminality - not the same ball game

[xxnjr] 09/12/2019 15:29

Market Cap now c. £600m.
Debt still c. $2.9bn.

[whites123] 09/12/2019 15:29

cashandcard9 Dec '19 - 15:22 - 36246 of 36248
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Result of Carapa will be crucial here over the next few weeks.


At this price Carapa has been priced in to fail and some.
Heavy oil find has been priced in to be not commercially viable.

No assets priced in..

[andysand] 09/12/2019 15:28

It will bounce back to 60p before it drops again. Time to make some here I think

[fuji99] 09/12/2019 15:27

In August 1996, the share price was 58p.
23 years later it became 44p.

[blueball] 09/12/2019 15:26

Afren and now this sell down to 15p.

[iamgreat1] 09/12/2019 15:25

40p tick tock

[amaretto1] 09/12/2019 15:22

No value in equity for share holders.D4E

[cashandcard] 09/12/2019 15:22

Result of Carapa will be crucial here over the next few weeks.


Cash

[ammu12] 09/12/2019 15:21

Seems like more news to come

[sapper2476] 09/12/2019 15:21

Im here for exactly the same reason. Pure blood bath, but firstly we are disregarding assets and secondly, set up nicely for a buy.

[ana2014] 09/12/2019 15:20

shorters attacking 40p , will there be a dead cat bounce?

[whites123] 09/12/2019 15:19

Agree, prior to yesterday..
Today she is acting Executive Chair..... Her statements will have been meticulously scrutinised and with an air of caution.
The previous downgrades (Warnings) will (One hopes) be the catalyst which means they are now clear of all bad news..
Assets are being totally ignored here..

My opinion of course hence the reason I have skin in the game..

[xxnjr] 09/12/2019 15:16

If we got to 140m trades today, which we probably will, 10% of the company will have changed hands. Notwithstanding the day traders. Must be a lot of that going on within the 140m, or whatever the final tally for today is.

[stoneme] 09/12/2019 15:14

Yikes - that's a huge punt. The lady in question is a non exec prior to yesterday. The CEO and other main board 'expert' left swiftly.There is thorough work to be done to ensure they manage investment v free cash to service debt et al. Seriously, I've read this statement multiple times, and having say on PLC Boards, there is nothing certain about any of those statements

[theapplefreak] 09/12/2019 15:12

So many auto buys at 44pClearly this is the bottom. Not going sub 43pOnwards and up.

[stoneme] 09/12/2019 15:11

I'm in at just below 44p. Think this is the bottom.

[whites123] 09/12/2019 15:11

LGraham869 Dec '19 - 15:03 - 36226 of 36228
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How many have caught a falling knife here today? Madness

LGraham869 Dec '19 - 15:06 - 36228 of 36228
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Mental mate people buying in the 60s earlier just as a gamble

I have.... I have sold off other holdings and have a > 200,000 share exposure.
Not based on catching a falling knife, nor based on madness, but based on what Ms Thompson CBE has told us.
Looking forward to receiving news on who the new CEO will be.
Looking forward to an update on the heavy oil, will it or wont it be commercially viable to produce (Its already priced in as non commercially viable)
Looking forward to results of Carapa drill (Already priced in to fail)
Looking forward to the update in Jan and whether any asset sales will follow.
Looking forward to receiving confirmation of hedging prices.
Looking forward to seeing POO increase..

Some may call it madness.... I dont... I call it seeing opportunity and acting upon it..

[chesty1] 09/12/2019 15:10

hhhmm bigger seller also behind

[chesty1] 09/12/2019 15:10

hhhmm bigger seller also behind

[costax1654x] 09/12/2019 15:09

Hmm.big buyer now behind