bad news from tullow well to be abandoned, page-33

I didn't have that much profit available to take off the table anyway. My average in was around 15.7c including brokerage, barely topped out at 50% above that. IMO the story has just begun, and I'm in till the first dividend payment or takeover.

Like I said, albeit TIC in the previous thread, there really was no Kaboom, just some wild up and down swings on speculative interpretation of news releases. Solid run up to low 20c pre spud, crash to the teens on the 'sorry, no oil', back to the mid 20s on 'we got gas!' and now back to the teens on the 'P&A' which was always the plan for this well.

On my buy in, I've only seen a range of +62% to -47%, not enough to trigger a sell either side.

Just out of curiosity, can a company on a different exchange offer a scrip deal for a company, or do they have to do cash? I can't hold foreign shares in my portfolio.