Your unsolicited market panicked advice cost us a fortune and you still think you were right.
I wasn't wrong, if we had waited we would have gotten a much better offer from Total debt maturities aren't due until 2022.
Pfff!!
Enroll on the CFA programe and quit the gibberish talk. No don't need to reestucture anything or screw ourselves up sorry but I am not a masochist like you, POO is up, I don't know nor do I care where do you pull your maths from. We can perfectly pay down debt without a reestructuration which you clearly don't understand.
Such a hurry for a rights issue just when oil price have started going up...
Are you certain you aren't shorting the stock???
Shre price is 85% down from last year prices. Shareholders won't accept a rights issue at this prices, specially not when 10% of the shares are being shorted.
Tony I don't care what was your entry point but we won't be doing a rights issue. Period!
Get it on your head!
Brent already over 50$? Great!!! :) :D :)
Holy God! Bless your hearts!!!
Let's go 55$ !!!!!
Yes, it is true, GS increased their position read the lastest RNS report (google Tullow RNS).
shhhh don't interrupt your enemy while he's making a mistake.
Patience. Stock market is like a voting machine in a popularity contest on the term but a weighting machine on the long term.
1. When was the last accident recorded? What diference did it make? Less staff doesn't mean more accident but less expenses.
2. Even if a gazillion people died before the vaccines are rolled out (just over 99% survival rate). What difference does it make?
3. Why should demmand of oil tank? You still need oil to transport food. Are you planning to starve and start a hunger strike just see oil demand plummet?
4. Iran, doesn't have much oil production capacity and with all the enriched Uranium they have massed I expect them to be subject to oil embargos.
5. Money printing is controlled by the FED not the congress. Won't stop printing regardless of which administration comes to power and if you have €, £ or Tullow shares doesn't affect you.
6. Don't believe in climate change. Winter is as cold as ever.
7. If you have €, £ or Tullow shares doesn't affect you. If $ devaluate since we aren't in an imperial Reagan cycle our debt will be easier to pay off.
8. Tullow won't do a rights issue. Watch the CMD presentation.
Golaithberg-1
If we find oil we will be insta £1. We will bag in a single day.
Are either shorters or clueless.
It's not smart to pay dividends when we have multiple projects we can develope instead.
Oil price is on the lower end. In a few years oil will be up and we could be pumping more oil by then or recieve a few penies now.
Brent at 49$, up by 10p, seems oil have stabilized for the time being at this price, although it will keep going higher over time.
Seriously? Dividends now?
We have a lot of assets that we can devolope and a lot of prospects we can explore, historically Tullow has paid little dividend and have used the profits to reinvest in the business and it's better that way (you defer paying taxes and the company uses the profits to compound your returns)
There is not enough volume being traded for shorters to close their positions in a month!
Shorters are not going to close all of their position by 9 a.m. tomorrow.
Higher oil prices will make the share price go up
When the share price goes up shorters will be forced to close their positions.
When shorters close their positions share price will go up.
Which will force more shorters to close their positions.
Which will attract speculators who will push the share price higher
Which will force even more shorters to buy even more shares even at higher prices.
So shorters haven't closed yet.
SP will be up.