Delisting has to be the major force pressing down on this stock price. Nobody considers investing in a stock most likely to suffer a huge loss of value as would be the case when a delisting notice is posted. Whether your cost basis is $1.35 as is mine, or about 58 cents for a relative newcomer---noone wants to experience a harsh haircut.
Tullow is tops in the field, NSAI---ditto. And we have some highly regarded folks comprising our Board and executive roles. Top it off with global oil and gas demand and circumstances surrounding the concession plus growing recognition in African oil interests and you have a terrific recipe for energy investors. So many positives with just one negative---but what a down-draft force it is!
This too shall pass and I'm in agreement with those believing Tullow will help bail this body of beleaguered share holders out when they take a more prominent role. I can't wait!
Jugs
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