FAR 2.04% 50.0¢ far limited

Cosmoterios, I noticed that you are in CVN as well. Now that is...

  1. kkw
    7,261 Posts.
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    Cosmoterios,

    I noticed that you are in CVN as well. Now that is a typical case of an irrational market right at the moment and I think that has a lot to do with the SP. It really is not just FAR.

    Up to a last year, I held Tullow, which was my HDR TO reward. It went up to 16.00P. Now that is really some increase. They were like FAR, 90% success rate on land and some 70% success offshore. Thank goodness I sold out because their SP dropped to 1.65P a few months ago. Now you couldn't really complain about TLW as a company!

    The market has become very irrational!

    FWIW, my vote was no, but as I said in a previous post, that was more as a protest vote (hopefully there are enough by others as well to convey the sentiment) because I know it will go thru any how.

    But let's see what they have up their sleeve, now that OOO and BSP has taken up the issue with them; obviously there were others (ie those nasty emails). Probably just a bit too much to ask, but seeing that they are drilling so quickly, there might be some pre news from SNE4 to calm the restless natives!

    KKW
 
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