Member Info for latpulldown

315p yesterday to 254 to then back up to 290's to then back down to 252p. Just astonishing.

Reason - There is no evident reason or indeed accompanying volume as key markets are outwith the UK, US or Europe.

Happy to accumulate and scratch my head in amazement.

Pitro 1984

I am not aware of any reason for this drop and just bought some more.

If it gets to the BoD having to issue another "we know of no reason" then it is getting plain stupid. They did it only a few weeks ago. Then released improving numbers as their markets opened up and 5 Directors bought their own shares.

They operate in the Middle east and Africa and are not UK, US or Europe based.

If it is not a staged fall then at least have the decency to let us all accumulate in good volumes. They put it to NT for about £4k so that probably tells you all you need to know.

I bought for the long term but maybe it is the converse of what you are saying and they actually want to bring in daytraders?

If someone is posting Fool website links on here it shows their maturity. Had it on Cine and laidback will vouch for it. It is akin to a website full of bloggers who two days on the trot can't post the same thing and if you had listened to one word they said then you would not have doubled your money.

Best ignored like most troll posters and yes the level of expertise on their matches Dubai Dave.

Whatever business the MM's were conducting this afternoon seems done. For me they let some good friends in about 20.5p for about 15M to 20M and they were either straight buys or short positions closing.

Read the samell print as well.

"In addition, Tullow is entitled to receive contingent payments linked to the oil price payable after production commences."

"With all the Government-related conditions to closing having been satisfied, Tullow expects the transaction to close in the coming days after completing certain customary pre-closing steps with Total. Tullow will provide a further update once the transaction has closed and funds have been received. On closing, Tullow will receive $500 million consideration and a further $75 million when a Final Investment Decision is taken on the development project. In addition, Tullow is entitled to receive contingent payments linked to the oil price payable after production commences."

"Is there any possibility that this could fall through "

NO

May I suggest you read the RNS.

Probably one of the same paid to post shorters who said it was already factored in when Ierre Jessau the Total General Manager in Uganda in an article at the weekend said. All hurdles overcome and only a matter of days.

Guess what it was only a couple of days.

If you are frightened of your own shadow then maybe investing is not for you.

Read what the RNS says and work out that there is $500 Million followed by another $75 Million at FID that will be passing to Tullow.

That is nearly twice its present market cap.

That is just one asset and we have interests in 70 licences in 15 countries presently.
Plus an oil producing business producing approx 75,000 barrel of oil per day, with 60% of that hedged at $57 per barrel.

It has a long way to go yet and the new CEO has been impressive thus far.

Have they been filling?

Very obvious.

Rogues.

That's the only word that accurately describes them.

Annoying though it is I guess we have to endure the market makers manipulating the price to let their buddies close up their short positions. The plus side is that once its done then the sky becomes cloudless and blue.

That last post was just for you Night Watch

It is though actually what I believe.

littlebricks

Those will now probably all be reviewed upwards.

This ones got legs.

Just incidentally how many times last week did we hear the words "its already factored in"

Clearly it wasn't

Nor is it still.

It was indeed antharry for all the shorters checked for a 7a.m. RNS and then as there were none then they switched off for the day. You could see them all this morning with the No RNS again threads. Those that went out thinking they were safe are going to come in to a massive headache and its only just started for them.

New CEO is showing his metal with the 10a.m. RNS.

I backed him as I thought things were on the turn.

The other genius thing that Tullow has is a hedge on 60% of its production at $57 per barrel of oil. Brent price today being $42 / $43 per barrel.

Like I pointed out several times last week when the market cap was £224 Million, we weren't even valued at half the value of the one Ugandan asset. We have interests in 70 licences in 15 countries.

Spy value stick with your beliefs and ignore the shorting trolls.

Closing by the barrowload Nickel

Everyone could see just how oversold this share was.

Credit to the CEO for dropping a 10a.m RNS that caught them all completely off guard.

Its going bananas

I did point you to Tullows RNS

Just for those that don't know Steohen Beetham is a recent 3% holder with a timely purchase and recent 1 Million share top up.

https://www.lse.co.uk/rns/TLW/holdings-in-company-82na5vnlgerfdif.html

Its only just starting.

Well done on your recent Million share top up Stephen Beetham.

It looks like you recent 3% stake RNS is going to be worth a lot of money.

Last seen looking for a fire extinguisher.

The topcharts should keep this going for a long time now.

Lets see if we hit the recent 40p again.

Looks like a treeshake also at Network International (Netw) the payments company focussed on the Middle East and Africa.

Its like waiting for a bus where they all come at once.