Well, what conclusions can we draw?
24 hours on London are none to excited about the takeover. Tullows price is just down a little 5 cents but Tullows future looks bright
Hardman were thrown a life line. WPL's dithering would have cost HDR dear long term. Wonder if TLW can influence WPL and improve the hit rate in Mauritania.
Tullows shares are worth holding on to IMO. They have a number of bright prospects around the globe. So two points in their favour a) they are a recognised growth company and b) that will so long as it continues make them a likely takeover prospect for one of the worlds big boys to increase their own reserves
regards
Acamas
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