aka hooter,
Thanks for that.
Sure explains a lot. Tullow had it in the bag prior to the meeting. Do not know if they were aware of how much of a favourite they were. I did not expect it to be overwhelming
I think what happens next to Tullow depends on the price of oil. If the price remains or drops they will be taken out. If it climbs the big boys may hesitate for awhile.
I wonder what will happen to the Tullow sp short term. If it dips then the market may say they have overpaid. On the other hand if it climbs then I read it as they have bought at a good price
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