When is this company going to release a proper RNS to explain the roller coaster of the SP. There is lots of speculation about the SP but how can an 100p collapse back in such short period.
How can the MMs move the price in such manner with such low trading volume? From 100 to 80 to 60 in a matter of hours. For example shares like HUR or TLW have similar price but move incrementally slower. Any answer is highly appreciated.
That's a good rule Freddie, completely agree, usually after such spike in the SP, without some fundamentals, like an RNS, there is always some retracement. GLA
macadder, after the price collapse and company losing almost all its value, Tullow don't release any RNS, they just day and watched how brokers destroy the SP one after the other.. or maybe they have MRD doing damage control on the LSE board.. GLA