kkw, sorry I missed your post. Hence the belated reply. I've already posted yesterday that I will be voting YES because I like Tullow as a company, and I want to remain exposed to Guyane, Uganda, etc - under a new management. I'm sick of the current lot.
The cost of maintaining an o/s account is about $200 with Comsec IIRC. So not very costly though the brokerage can hurt a bit (around 1% i think). But all these is insignificant if TLW performs like I expect it to. I also hold a few other UK shares, all of which are doing very well. Also think that the UK market appreciates growth potential (unrealised assets) much more than the Oz market. Not to mention that I think they value the prospectivity of Africa much more than we do.
To be honest, I think most current holders would fear the consequence (share price wise) if this bid doesn't go through given what's happening at Chinguetti. Forget Uganda, the market isn't interested there until it is generating cashflow for us. Short-sighted, yes, but rightly or wrongly, everyone's attention is on Chinguetti.
Cheers,
618
HDR
hardman resources limited
