Tullow Oil Share Discussion Threads

[andysand] 10/12/2019 10:44

Takeover was unlikely then. But extremely likely now!

[middlesboroughfc] 10/12/2019 10:41

the rumour is coming out my choppas

[middlesboroughfc] 10/12/2019 10:39

Africa-focused exploration and production group Tullow Oil was the talk of the town as its shares raced away to touch 1,405p before closing 31p higher at 1,396p.

In demand recently after confirming another oil find in Kenya, buyers piled in on Thursday amid revived takeover speculation.

With many dealers convinced that a multi-billion pound Footsie bid will give the market a big lift before Christmas, Tullow joined the City’s growing list of possible targets.


old but golden

[givememymoneyback] 10/12/2019 10:38

Indeed whites. I wondered yesterday how the remaining board management would react to the vertiginous drop. It seems they're not very dynamic just at the moment. Maybe more pre-occupied with fighting over the corner office.

[middlesboroughfc] 10/12/2019 10:37

The rumour about the rumour I heard re the bid from Total and a 140p-170p bid is rumoured to be later today

Ride em hard cowboy

[whites123] 10/12/2019 10:35

Givememymoneyback10 Dec '19 - 10:23 - 36753 of 36757
0 1 0
Are you saying that rumours about the creation of an actual rumour are a thing now? Sort of like a derivative rumour, not the actual underlying rumour?


Babbler10 Dec '19 - 10:26 - 36757 of 36757
0 1 0
There is a rumour that the old rumour isn't as good as the new rumour so that rumour isn't the rumour that is rumoured to be the real deal.



:-) :-) BRILLIANT....... :-) :-)
These are the only two rumours I believe have any traction or credibility...

As an aside, I am a little (Very slightly) surprised there was no holding RNS's this morning. > 10% stock traded... means circa > 90% stock held tightly...
The 10% traded would have likely been through the mill with numerous new owners.. :-)

[middlesboroughfc] 10/12/2019 10:35

Folk are funny they will wait and then chase it when it gets to 60p

[givememymoneyback] 10/12/2019 10:31

Wait... what? Is that the rumour with the 19th Dec expiry, or the March expiry?

[babbler] 10/12/2019 10:26

There is a rumour that the old rumour isn't as good as the new rumour so that runout isn't the rumour that is rumoured to be the real deal.

[stupmy] 10/12/2019 10:25

If we're guessing, here's mine: price will rise until it hits the 12sMA on the 1 hour chart (currently that is 59p, but is dropping all the time). At that point it will fall back and continue to form a bottom (that could be below yesterdays low). I am trading it upon this assumption. I am most certainly not hoping for 100p by tea time on friday. So briefly I call 59 as the highest possible price today, but don't think it will achieve that.

[mariopeter] 10/12/2019 10:24

Call options on a rumour very expensive!!

[datait] 10/12/2019 10:24

all market makers falling over each other again.

[givememymoneyback] 10/12/2019 10:23

Are you saying that rumours about the creation of an actual rumour are a thing now? Sort of like a derivative rumour, not the actual underlying rumour?

[datait] 10/12/2019 10:21

They are probably already in talks of a take-over they know they have to act fast after recent falls if they want it cheap.

[middlesboroughfc] 10/12/2019 10:19

heard a rumour there will soon be a rumour of a bid from Total at 140p-170p range

[datait] 10/12/2019 10:19

Buys are relentless

[mariopeter] 10/12/2019 10:17

In Kenya, Tullow estimates that the South Lokichar basin contains a recoverable resource range of 240 – 560 – 1,230 mmbo (1C–2C–3C). Tullow owns a tad more than 50%.

[middlesboroughfc] 10/12/2019 10:12

Get up there soft lad
60-70p

[m5] 10/12/2019 10:11

Looks like we are off now.

[jackjackpaul] 10/12/2019 10:10

#TLW going for an assault on 55p first stop then onto 70p levels

[givememymoneyback] 10/12/2019 10:10

My guess is £1 by Friday. A 30% drop from 140ish due to the bad news seems a lot more reasonable. Then, I imagine people will reflect over the weekend and consider that the debt position in this low-interest world is not so drastic, and perhaps we'll see a slow return to 120p.

[middlesboroughfc] 10/12/2019 10:09

60-70p end of day

[theapplefreak] 10/12/2019 10:06

Will be I interesting to see what happens when they finally let that 46 hit