Member Info for antonvb

The other thing that really baffles me is why the shorters didn't close in the 10 to 14p range .... this went to 38p and back to 14p and they didn't close ..... 65p back to 45p and they didn't close.....

Yes, I'm sure they're probably hedged, but doesn't take a rocket scientist to see that this half of the hedge is not working out for them, so why persist with it.

Well to me when you're negotiating a refinance and have that repayment amount in cash, you're in a very strong position. As to perceptions by dragging it out, that doesn't impact long term holders and even gives them the opportunity to top up. I doubt Rahul is planning to sell any of his shares before June, so he won't mind a temporary dip in the share price if it means that Tullow achieves it's goal.
But all that said, I'm no expert but still have a very good feeling that this is going to go to at least £1. Just a matter of when now...

Not sure about that supercooper, but in 2020 at a much worse oil price their cash at bank went up to 800m from 300m in 2019 (according to their results). So surely another 6 months (i.e. to June 2021) at an oil price over $60 must be generating a lot of additional cash. Can only help refinancing negotiations I think.
Also, I think the bond prices and the fact that their have been no significant increase in shorts for quite a while tell the true story and not the current share price. Just a waiting game now.

...that TLW may intentionally be dragging out the refinancing to put them in a better bargaining position given they've raking in around $100 million a month. Obviously not good for the share price short term, but in the scheme of things doesn't matter if it gets them a favourable result..... surely?

Don't worry....I'm sure someone will chastise you.... lol

For what it's worth .... my personal view is that the refinancing must be going OK otherwise we'd see a significant drop in the bond prices ....

Had to wait nearly a year to get to 50p....guess we may have to wait another year to get to 100p ..... although I think a positive refinancing RNS could speed that up significantly.....

Happy .. anyone can just randomly make up some figures....you're spouting so much BS that you're starting to believe it.....going to result in you losing money....I think I'll just carry on holding and watch this rise and rise...

before the start of the new tax year and we say goodbye to the 40's and 50's.

The volumes lately are very low and the price has been very volatile. I believe the low volumes are due to the fact that the end of the tax year is only a few days away and allows the MM's to manipulate the share price. I think that in the new tax year we will see this rise quickly as MM's take positions and people top up ISA's. Probably to at least 60p within the first week of the new tax year. Then hopefully onwards and upwards on positive refinancing news.

Didn't take you too long to come out from your hole (yes, I say that as you're gloating because you made a few pounds at the expense of others and are hoping Tullow goes bust thereby destroying thousands of peoples livelihoods). You are in profit on your short, but cut the c**p. Obviously it's not that. The RNS was released this morning, so do you really thing it took the market to 4pm to read it and react???? I doubt this is related to refinancing, as if it was some seriously back news we'd have dropped more than a few percent.

# of Trades 2,339
Vol Sold 4,873,775
Vol Bought 8,112,660

Something isn't right, that's for sure. Either the data is just plain wrong or these's serious manipulation going on here. Guess we're back to the days of 10% swings while the games are played :-(

Really time for this to be investigated....some serious BS games going on here!!!!!

Come on 10% Tuesday....

If you want to have regrets, why don't you rather regret not buying 1000 bitcoin at launch and selling them on Friday. This has dipped recently and I think will take off again soon, maybe as soon as the start of the new tax year and definitely on positive news regarding refinancing. After all what has really changed since we were at 65p besides the share price?

He's pretty much got it wrong every time, so let's hope we have a 10% Friday tomorrow.... :-)

I recall people boasting on here when they sold in the 30's and we dropped into the 20's .... don't think they're still smug now. In a few months time it will be the same case for those who've sold now. But each to their own.

Correction to my comment yesterday ... I'm going to say 50's by Wednesday :-)

This really is a roller coaster .... I'm starting to feel like I've got Bipolar Disorder

Do yourselves a favour and HOLD!

FCA is a toothless dog.....
For me the reality is that nothing has fundamentally changed here since we were 60p. Yes, oil has dropped a bit but everyone knows it goes up and down and it is still over $60. So clearly games being played and people panicking. Not nice to see profit disappear, but I'm not savy enough to trade the dips which are hard to predict so am just going to ride it out. If a positive refinancing RNS drops I think we'll be head for £1 at lightning speed.