RE: Overweight21 Oct 2022 16:38
I don't care what nobody says bruh like this whole chat it full of haters. Probably shorters.. the truth is this stock is Hella undervalued. People should be scooping it up but most people don't know about it. Into this winter and next year oil will rise and tullow will be reducing its debt and it's need to hedge. But the truth is hedging wasn't such a bad idea. Since oil was going crazy it fell to lows in the pandemic so hedging was actually a wise and cautious play. Sure they could of risked everything by not hedging but by hedging alone it shows this company is taking its cash position serious and trying to maximise shareholder value