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Post# of 18778
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Julius Erving

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Julius Erving

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Sunday, 12/27/2015 6:21:52 AM

Sunday, December 27, 2015 6:21:52 AM

Post# of 18778
On Tullow, December 21th:

"The operation in West Africa has made the Irish oil explorer a possible takeover target according to Goldman Sachs. A potential bidder would need to be cash-rich and be able to see out the downturn in the oil market. While the outlook for the energy market is still gloomy few will be brave enough to put in a bid.

Despite the major drop in share price equity analysts are very bullish on Tullow Oil and out of the 31 recommendations, 20 are buys, eight are holds, and three are sells. The average target price is 284p, which is 76% above the current price."

http://www.ig.com/uk/shares-news/2015/12/21/tullow-oil-is-hoping-on-ten-field-29730

The Doctor.
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