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tullow down to 62.18p as i type where brent oil going up again.....price at highest for years and has cemented poo peice since march by going up over 5.5$ since then when tlw was at current price....plus good/decent RNSs so obvious devious games by city boys
I see neither HBR nor ENQ is at the same pace as TLW anymore. Now only TLW has a degree of correlation to Brent.
capdailbrit - OK fair point I'll take that. And I agree the 14th will bring good news. This will make you smile as I forecast 75p sp by end of August
My bad, it is just that you never question people when they are posting negative on the stock and only those who are positive.
Anyway here is some good news, looking forward to 14th as we have have been seriously cash positive this year.
https://oilprice.com/Energy/Crude-Oil/Oil-And-Gas-Companies-Set-For-Record-Free-Cash-Flow-This-Summer.html
No capdailbrit - I want the sp to go as high as possible. Most of my posts raise questions on other posters statements that the sp will go to 90p or a pound or whatever. I usually ask what evidence posters have for these comments. Usually no evidence is given. It is wrong to assume that I and others who ask questions are not fans of tullow
I don't know about you guys, but I want Tullow's sp to creep slowly and by stealth. I need time to accumulate and average down if possible.
Sorry Darragh, I was responding to your earlier comment of c11:58
Same reason that you keep posting negatives on Tullow ... he wants 90, you want 20 ... what's the difference?
Because he will be right someday, soon!
Shaw - why do you keep repeating 90p rubbish
It could but it never has happened yet, DYOR. The company would probably be in Administration/ Bankruptcy, at that stage :)
Does a 100% decrease not mean it goes to zero?
Actually, if you've looked back on some days for the past numbers of years. There has been 100% decreases and 100% increases in the share price between the open and highest/lowest price points within the day of the share trading, I can't guarantee they were on Mondays. I also can't guarantee their frequency. DYOR. Best of Luck AntonVB!
Pray if you must but in over 2000 years and including multiple religions there isn't one shred of evidence that any god exists so I prefer to believe in santa who never lets me down whether i've behaved or not.
and YoungEngineer you must be the kind of person who is an idiot .... I bought Tullow shares at less than 10p last year and have held them ever since while I dream of them going back over a £1 .... hasn't turned into a wet dream just yet, as they're only a mere 62p at the moment.
Why buy a lottery ticket if you don't think you'll win. Why start a business if you think it'll fail. Why buy shares if you think they'll tank. Do I really believe Tullow will actually go up 100% in a day .... no .... is it possible ..... yes. It's free to dream ....
YoungEngineer, you have been negative on Tullow for the past 15 months, and the sp is up by more than 200% since then.
Perhaps Santa would have delivered for you had you been a "good" boy/girl.
Antonvb you must be the kind of person who still believes in the tooth fairy and santa.....
Which begs the question, what is fair value for a company with oil @ $75+, proven oil in the ground, world class licenses to explore and the world slowly returning to normality ?
@stuartv ... just because I (or anyone else for that matter) believe something could happen doesn't mean it will. It also doesn't mean it won't , however likely or unlikely it may be. What would happen to the share price if Tullow were made a take over offer of £1.50 a share ..... the share price would almost instantly double. Will that ever happen .... who knows.
90p by 3pm was coming long before this was high 30s
Good analysis daragh. Major investors /institutions won't invest until they see cash in the bank. When this happens the sp could rocket
No Anton mate I beg to differ. I remember when it was in the high 30’s and a certain contributor to this board was predicting 90p by 3.00pm ;-))))
100% In a day .... probably the most rampy statement I've ever seen on here :-).
That said, this share is so cheap it's really not impossible to believe it could happen. Oh man, that would be one of the best days of my life. Come on 100% Monday!!!!!
Thank you, but don't be shocked if it doesn't rise to your satisfaction on the 14th. I see this being a longer play than that. When cash hits the accounts (YE )and the FID is in-line with market expectations. This share will bounce upwards quickly as it did down. Them bounces will come when you least expect them and will catch investors off guard, some times driven by larger institutions hedging. Its the type of share you could see a 100% increase on a Monday morning for no particular reason, best to be in than out. It will happen but there might be a longer waiting game, we're nearly there now no point jumping ship, if you've been in long term.
daragh, agree with the confidence angle, there has been endless guestimates and speculation as to the money we are generating or not.
Hoping for some encouraging definitive numbers on the 14th to calm the nerves and kick start new interest.
ONWARDS £ UPWARDS !