Distef,
It has taken some time but I have cracked it. They are saying true value or target price is £10 and they expect Tullows share price to hit that level with in the next 12 months. However, to be a little conservative that will de-risk by 15% to 850.
Therefore if everything could fall in to place then the highest they expect the shareprice could go is 2225p.
Well I think thats how it should be read!
Strange how after a lunchtime drink things slip into place
regards
Acamas
HDR
hardman resources limited
Distef,It has taken some time but I have cracked it. They are...
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