RE: Rise14 May 2021 16:31
Yes JMAX, of course the market is forward looking... however I’ve not seen it priced in since announcement and with a share as precarious as Tullow has been in the last 24 months... it’s obvious something as big as this refi deal will have a huge impact positive or negative and so big money will be waiting until it’s 100% rather than ‘likely’.
This + the confirmation of increase in production will be a sure fire 90p by 3pm scenario.
Watch big money pour in over the next 7 days... in the way it was expected when we rejoined the 250.
Not just IMO. This is going to happen.