RE: According to Yahoo Finance13 Sep 2024 22:07
@PMTH
Spot on, the balance sheet valuation is a red herring, Tullow has written down the value of nearly everything and is even considering reversing some. Does/will Tullow have the cash generation to service and reduce debt? 100%. This will generate serious equity accretion. If Tullow was a start up/newco it would be valued X 3. It suffers from legacy regret/hesitancy. That won't last too much longer. Tullow should be 75p on reporting full year 2024 - with doubling to 150p in 2025.