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Interesting look at the chart by a twitter trader
https://twitter.com/Borg74/status/1360091275383431170
All coming together with a marker being a 40+ finish

Interesting look at the chart by a trader
https://twitter.com/Borg74/status/1360091275383431170
All coming together with an eye on a 40+ close as a marker to move forward

BOYO - thanks for the chart. A bleak picture. I would say it reflects sentiment around oil as well as PFC trails and tribulations. It'll be some work to turn it around but PFC have always been good for divi and the P/E shows value. But yeah 250p looks a big line to cross.

Hold firm. Oil up in the last 2 hours.

Nothing on Reuters yet.

That's not Princess Fergie ;-)

SP on the lower edge of the up trend line. We don't want it dropping any more. Twitchy bum time as old Fergie would say.

UINOIL you comment about Odey is the best laugh I've had for days.

Your 'piles' of cash??

SP up on low volume. Maybe the shorters are outta fuel.

Good luck all by the way. Things do look like they are moving but it's like a tanker, gonna be a big turning circle.
C_L

It is slowly dawning on me this is going to be a long old game. That Tullow has to shake off its history as well as its debt. You look at the SP graph for the last 5 years, the last 10 years, and there have been a lot of burnt holders. We are at a 40th of Tullow's peak. A 40th! There is also the sentiment around oil too. The company and the management team behind it have to present an unequivocal investment case. Which means good results over a period of time. Not just selling off assets to keep the debt collectors away unfortunately. It the only way to get the shorts off our backs and the control they exert.

I'm impressed they can find sellers today. Though they can have mine for 150p.

Shame it's not the other way. Since they began closing their position in MTRO on 11th Dec the share price has gone up 40%. Shows if TLW can turn the corner things could look v. positive for the SP.

$180m = £130m = 30% of market cap. I know it's not as simple as this but give us a penny on the share price at least!

RBL should come now.

It's been up to the 40s to sniff the air. A little pull back but I think it'll be back up. It's much nicer up there, the 40s air is crisp and sweet and fresh. Like the coming spring.

TLW has to scare away the shorters thru performance. POO has done it's bit now management has to do theirs. We have world class assets but it is all in the ground. A long term strategy that builds barrels per day is needed. The drop in the BPD in the last update was the killer plus the delayed RBL. The shorters can share the blame for neither. The only impact is our ability to borrow money and with so much debt that is probably not a goer at moment anyway. 60k BPD puts TLW amongst the minnows. I liked the CMD in that it was after easy barrels (after two dusters) but LTH need patience. Lots of it unforutately.

Rye Bay will now make on the rise.
I predict we'll touch 118.5 again today.
I seen it in the tea leaves didn't I.

Rising in to the close.