Member Info for antonvb

@bailiff ... embarrassingly neither am I :-)

But basically means there are a lot more people wanting to buy than sell, hence the price goes up. If anyone else has a more informed explanation it's always welcome.

L2 console shows buy side Depth 91 and sell side Depth 52.

https://oilprice.com/Latest-Energy-News/World-News/Houthi-Rebels-Claim-Missile-Attack-On-Saudi-Aramco-Facility.html

My prediction is Tuesday next week ...

This was 14p not so long ago .... just be patient :-)

Closing price Friday 20th March 10.31p
Closing price Friday 12th June 33.10p
Closing price Friday 2nd October 14.29p
Closing price Friday 19th February 34.10p
Closing price Friday 26th February 44.19p
Current price 44.30p

Don't think we need to be too concerned by a 2% dip. In the past this used to go up 5% on a good day and drop 10 to 15% on every other day. I think we're a lot more stable now and holding gains. To those who said this wasn't a multi bagger, history has proved you wrong. I personally think that at the current price there is still scope for this to be a multi bagger and holding patiently.

AIMHO

@Lemming99
Is there any chance you could enhance the graph and overlay a few additional variables. Be interesting to see the debt level on the chart as well and maybe things like production numbers, as these have a big impact on the share price. Thanks

Interesting...thanks

@Joek1: The threshold for reporting shorts is 0.1%. My assumption is that as they were showing a short of 0.49% and are no longer showing any short position they have dropped under the 0.1%. The spreadsheet I got from the FCA website was for the 26.02.2021. I've found that sometimes when downloading it from Chrome and IE it shows me a previously downloaded version instead of the latest version and I have to clear my cache to get the latest version.

On 6 January 2021, the Treasury published the Short Selling (Notification Thresholds) Regulations 2021 No. 5 (the Regulations) to amend the notification threshold under Article 5(2) of the Short Selling Regulation from 0.2% to 0.1% of the issued share capital of an issuer. This change comes into force on 1 February 2021.

@Joek1 I don't think that is correct. The FCA reporting threshold is 0.1%. Key where reporting a short of 0.49% as of the 25/02/2025 and as of Friday last week are no longer reporting a short position. So they have reduced by at least 0.39%.

@Bashrisks....but surely a bond has a ceiling price so there is a finite gain while for a short there is potential for an infinite loss. So at some point they'll have to close as not much room for the bonds to increase now and the sky's the limit for Tullow now.

Also looks like Key Group Holdings (Cayman), Ltd. reduced their short to under the reporting threshold... so only Vaede, Pictet, Whitebox and Odey left...

16:39:04 44.19 1,284,051 567.42k O
16:38:53 44.19 1,200,000 530.28k O

Jetboy ... don't trade much so fortunately TCG was my only debarcle and thankfully TLW has erased that pain :-)

Think we're doing Ok, closed 34.1p last Friday..... so we're up about 30% in a week .. will take that anytime.

I'm waiting patiently .... they can play their games but this is on an upward trend.....

It takes a while to realise you've f**ked up and admit to yourself you've made a big loss. Ask me I know .... I had Thomas Cook shares ..... :-(

The shorters are still in denial.... even if they're hedged .... shorting Tullow is now a dangerous game....

Don't worry I'm not selling..... :-)

Think he played a blinder..... let Tullow ride up all week and saved the RNS for the down day ....

She'll down 1.5%
PMO down 5%

In the January trading statement it said:

Tullow and its lending banks have agreed to extend the redetermination of the Group's Reserve Base Lending facility, which was due to complete in January, by up to one month.

Does the RNS have to be released when the RBL is agreed or can Tullow hold off till it suits them. For example, if this was agreed Monday this week, can Tullow hold off releasing the RNS till tomorrow (or perhaps even later), as the share price is already going up circa 5% a day on the price of oil. Or would this not be acceptable practice?

I think this share clearly demonstrates the pure greed of shorters. This dropped in price to 7p and they didn't close . Went back up to 38p and back down to 14p and still they didn't close. Now we're sitting at over 40p and still they're not closing. I don't know a lot about financial markets and maybe they've hedged, but to me doesn't make a lot of sense not to have closed. Only conclusion I can draw is that they are only interested in killing companies and picking their bones. Tullow has burnt shorters badly in 2016 and I hope they do it again.

and increased again yesterday by 0.5% ..... laughing my ass off