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What if Rahul doesn't have any power to fix the SP and keep it "low"?
If someone were to buy 100 mln or 200mln shares the SP would go up. There was a time when the whole market cap was 100 mln. Maybe that would have been a great moment to buy back shares?
You can thank Les and Dorothy for sucking up their thumbs instead of protecting and profitting the shareholders.
It isn't hard if you have a competent CFO that actually spends time raising capital, instead of sucking his thumb and accepting a 10% interest rate when we were oversuscribed, I hate to say and it's extenuating we should have gotten rid of Les long ago.
There was a time when General Motors used to publish their weekly results (when they were enjoying good times), with the exact number of cars sold, by law every publicly traded company must publish their accounts anually, would be great to see Tullow's income statements published in a weekly base. But guess Les disagree because that would put him in the lightspot? Contact the IR. Ask for it!
Today I had one of the most stressful days of the year unrelated to the stock.
Well I was expect on Sunday stock will go down, the stock market hates Mondays, they are on average the worst performing day of the week. We will most likely be up tomorrow.
The one with the lowest opex and the lowest taxes or the one with the highest opex and the highest taxes?
What has been Les criteria for hedging? If he has been smart (which I don't expect him to be) we should be able to take advantage from the tax offsets.