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There is more detail to the price target being suggested on the advfn TLW BB, maybe read that prior making such statement Jmax buddy. If we knew the real reason for the drop, we would all be millionaires.

Maybe the drop is down to Berenburg Bank issuing a target price of 45p today.....

Yes it does stink Ranger, it took over 9 hours for the news to sink in, the RNS was released at 7am this morning.

Wish I had bailed at 65p could have bought back in at 46- 47p this week. Unfortunately got carried away with the M/Stanley target of 75p, the way we motoring north it looked as if we was easily going to hit 70p and above. Hindsight is an amazing thing.

Me and you both JMAX.,,

"It is a scandal, and once I exit TLW, hopefully with a decent profit - then my days of holding stocks long term is over."

What a difference a day makes in sentiment, yesterday it was all doom and gloom after 5 days of a drop in share price today the candle has been re-lit for our back to £1 target price dream....gla.

Does anyone know the reason for the big slide today?

Raul made it very clear in the Q&A that NO Rights Issue or equity raise, the plan is self funding and will turn even better if POO stays around $70 or above...there you have it a nut shell.

So somebody was in the know yesterday, the news must have already leaked, so another down day.

Mr Levy, you know me well, the stock market is like a drug, once tried hard to give it up....but I will try my very best to go cold turkey and cure myself if my target is hit.

For me hope if this gets to 150, then I am out for good......want to spend my retirement without having the heartache of the ups and downs.

https://www.energyvoice.com/oilandgas/africa/307033/tullow-ftse-250-share/

Dreamachine, I am happy to hear that you are doing well in TLW, that by staying put has meant this has come good over time with some help from poo recovery and the man at the helm Mr Raul, but I have had many occasions, where I have held on and on till eventually it has never recovered but gone further and further down and in some cases till gone out of business, Afren being one such stock, the hard part in this game is knowing when to quit.....

Phat the bit I don't understand is why they would not RNS this licence extension, surely like you say it is positive news?

I hope in the next couple weeks the shorts are below 5%. Then hopefully more will buy shares in TLW and help push the share price higher.

Plus you have to remember that this fell on bad news in about a day of being 144 to around 70p, before falling still further over a number of months not aided with the pandemic coming along last March, some of those issues havre now changed for the better.

I am getting excited again....something just says to me in my gut that the new target put out on Friday of 75p will be met before we see any real pull back. Not based on any science, so each do your own thing on how you personally feel, but for me staying put for now to see if it continues it upward trend especially if poo stays strong around $70 plus.

Any thoughts on what the TLW share price could go to if poo does hit $80 by say June?

Good luck to you too also Stu, unfortunately with such a good run since 12 Feb, a little bit of nervousness is creeping in here, as everyone seems to be worried that this is about to run out of steam for the time being, but I would like to point to CINE, SGC, SNR to name a few who have risen to approx £1 or above without really looking back from the lows of 40-50s so why not this to the 70's before it takes a breather without any real news to backup the run to continue for them ?

Interesting Papa, tomorrow's open price will reveal all