Member Info for E_AL

More afterhours buys:

17:06:47 70.10 50,000 35.05k
17:06:08 65.630 126,237 82.85k
17:06:07 65.625 59,761 39.22k
17:06:06 77.511 28,358 21.98k
17:06:06 77.515 13,366 10.36k

Afterhours buys :

Time Trade Price Volume Value

16:50:03 56.4137 402,920 227.30k
16:50:03 56.4532 130,189 73.50k
16:50:03 56.403 23,342 13.17k
16:50:03 56.4049 3,374 1,903
08:18:10 68.00 108,000 73.44k
16:44:22 42.605 150,000 63.91k

"Despite today's announcement, the Board strongly believes that Tullow has good assets and excellent people capable of delivering value for shareholders. We are taking decisive action to restore performance, reduce our cost base and deliver sustainable free cash flow."

"@Someone's buying these, I wonder who..."

5 figures buys all afternoon

Such buys under 45p been going over the past couple of hours. MMs have been attacking the BID all afternoon to fill big buying orders:

15:57:10
41.50
200,000
83.00k

15:58:56
40.90
133,415
54.57k

They must have triggered every tlw stop limit order out there!

Almost all sells in hundreds and buys going in 4&5 figures....

15:44:02 42.418 24,999 10.60k
15:43:43 42.447 35,146 14.92k
15:43:39 42.459 30,000 12.74k

Agree , I've seen similar chunky buys all afternoon:

15:41:07
42.50
300,000
127.50k

No, "the Group expects 2019 full year net production to average c.87,000 bopd. The Group also expects to deliver free cash flow of c.$350 million, has liquidity headroom in excess of $1 billion and no near-term debt maturities."

This was last month !

29-Nov-19 Peel Hunt LLP Add 200.00
14-Nov-19 Canaccord Genuity Speculative Buy 220.00
14-Nov-19 JP Morgan Cazenove Neutral 249.00
14-Nov-19 Berenberg Bank Buy 230.00

" it will probably go to the low 40’s for a very short time"

Until you buy you mean? ;)

"@Lyndhurst1973:Sub 10p is not unrealistic IMHO."

You are so funny .........

RSI on monthly chart is 7% - RSI on YTD is 10%

The relative strength index (RSI) is a momentum indicator that measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock or other asset : 70% or above indicate that a security is becoming overbought or overvalued and may be primed for a trend reversal or corrective pullback in price. An RSI reading of 30% or below indicates an oversold or undervalued condition.

"The best investors can hope for in the New Year is a takeover from a Total or an Exxon. With its equity priced at just £870 million today, Tullow would barely be a scratch on their balance sheets. Ex-boss Aidan Heavey, backed by private equity, may also be looking. "

Serious money going picking up the dips :

11:38:49
54.75
160,000
87.60k

11:38:42
54.75
160,000
87.60k

@room, I'd average down at 56/57 if I was you. TLW is extremely oversold on TA charts and due to show some recovery from here

Shorts still covering ;)

11:04:06
57.50
200,000
£115.00k

"the Group expects 2019 full year net production to average c.87,000 bopd. The Group also expects to deliver free cash flow of c.$350 million, has liquidity headroom in excess of $1 billion and no near-term debt maturities."

Bullit, Level 2 is a paid service:

ttps://www.lse.co.uk/premium/

It looks like there is a high buying pressure at the moment so it gone NT