Member Info for PGee

This is indeed a very dangerous turning point, over the last four months we have been at this point four times and four times the SP has been collapsed by between 25% and 12% on an exaggerated pretext, and they haven’t gone away!
GLA

‘Debt is the overarching problem, oil circa 61 dollars and SP can barely stay above 30p..... Why aren’t the shorts closing out?’ You ask.
The Share Price is not the measure of this company, however the measure of the share price is manipulation.
The fundamentals of Tullow Oil are more sound now than they have been for well over a year, the forces of manipulation are various, from the powerful with a desire to see the company completely collapsed so they can pick over the bones to petty day shorters who want to add their half pence to the pence.
Tullow has moved on, I think you should too.

Stuart, immediately after that 1.3m transaction the SP went into free fall, down 2% now, strange that! Or not.

Markets very odd, only about a tenth of average volume so far today, same with most other shares. That gentleman and his piles might have been right earlier on.

Who knows, but the SP at the moment would be the least accurate guide to any valuation, imo.

Michaeliz, Tullow is worth all of its debt and an awful lot more hence the attempt to destroy it as a going concern. The dysfunction between the value of the company and the SP will soon resolve it self, Im hoping!

I think if Trump was around for as long as Joseph Stalin was, historians would would have a lots to debate.

JMax, Funny how history repeats itself, that could as easily have been said by D Trump.
Except Stalin was a much nicer guy!

Odey probably using his recently acquired 1.4m shares to suppress the price here, 4m sold since news.

A three bagger and your complaining! Stay in and make it a five bagger.

Elegantly put Roxbury

Really?

Also ‘Canacrap’, like that name, actually lowered their price from 30 to 20 last September, and net debt is 2.4 bn. Strong odour of rats about!

If you read that insightful article published here yesterday, this downgrade fits the pattern, and the author is Canada based as coincidentally Canacord are too!

It’s like a potted history of Tullow, good read and good luck.

Drink I suspect!

They are our new partners?

Unfortunately Dickie their efforts are in conflict with ours and that is our problem.
Trying to force a company into bankruptcy can indeed be legal, spurious rumours in the press likewise, even shorting a company with the beneficiaries own shares is legal! Can you imagine what the illegal methods look like?

IMO, the fundamentals of TLW are not in question nor it’s ability to make money, the recurring problem is third parties trying to make money out of Tullow.

Korean angle that I mentioned before taking shape may be.........