re: tullow price query Saffron,You just need the current...

re: tullow price query Saffron,

You just need the current exchange rate and the current TLW share price to calculate the current value of your holding in AUD$.

Exchange rate = 0.4 pounds / $AUD
TLW Close = 3.9725 pounds

Current Holding value in AUD$ = 12,894 x 3.9725 / 0.4

= $128,053

This compares to 47.422771% of 122,000 = 57,856 HDR shares that were used for the purchase.

So the equivalent HDR share price (excluding the fact the offer was scaled back) = $128,053/57856

= $2.21

Hope this makes you feel better.