Member Info for BTFATH1

Obscenley undervalued I managed to grab some more this morning. 55p plus will arrive very shortly imo

When the rights is announced too risky before imo
the guardian article highlights that the portfolio is worth far less and the 8 billion on the balance sheet. Realistically then the assets could be only slightly higher than its total debt.

If you are thinking of investing herd only put in punt money. They need a billion plus and the total mc us 170 million this hints that a catastrophic dilution is coming.

The market always knows which is why it’s priced as it is.

Agree about the fact the government and the fca have always turned a blind eye to the manipulation and corruption that goes on. Something needs to be done about it urgently.

Tullow is now in the extremely undervalued territory though and you just need to be a bit patient and this will rerate massively.

The electric vehicle comment was hysterical there are already cars that have been that have been launched that do over 350 miles and from a fleet perspective why on earth would you order a diesel vehicle now when a 40% tax payer will pay £500 quid a month for a 5 series or e-class. The new audi e-tron are merc eqc are free company car tax from April.

The next few years will be the transition to plug ins and followed by pure electric cars.

Vans and trucks are a different story and will take much longer.

Poo has never dropped so much apart the crash in 2008. 5 weeks of consecutive falls it was the perfect storm.
It will be back in the mid 60’s before you know it.
Tullow meanwhile is ludicrously undervalued.

Golf, biking football family time I will not feel betrayed and spend all weekend spouting rubbish to desperately cling on to my short :-)

For the next few weeks a 20 dollar drop in poo will not last last long. Any world event could add 10 dollars overnight.

Those short at this level must be a little bit twitchy :-)

They are watch the shorts close over the next hour :-)

With Uganda or Kenya and this will double in a day

Would you like to be short this evening with the opec announcement errrrm nope.

Poo at the yearly low and will not be hear for long.

Another Terry top up now averaging 49.6p

Agreed it does but this could be a lonmin rights issue 1p wipe out. The market must know I have yet to see such a relentless continual drop in a long time

The issue with countrywide was the assets they bought were not worth 7 billion :-)

Pearls the fca and the government could not care less unfortunately. This is absolutely relentless I am starting to think there is no bottom.

Over the course of the last year there has not be one sustainable bounce

Freefall and this could well hit sub 10p but this will offer up a good trade at that level. Look at the assets and potential free cash flow. Any large asset sales will bolster the sp big time.

Rights issue is the main fear hear but the sp is now too low imo

Russia will roll over they always do.
I made 407 quid today with my cheeky trade no lemming here sunshine :-)

Booooooooom time good luck with your shorts :-)))

Gone vertical again :-)

Finish just watch

Finish just watch

Yes strategic issues aka rights issue/significant dilution they do not care one bit about shareholders

Of current liabilities ouch

Should all resign I still believe they want to take this private. I got burned in this one way back and the directors should send out a formal apology to all their shareholders for the mc destruction.

I might have a punt again at 35p ish but still feel another rights is in the way