MARKET OVERDOES TULLOW SHARE COLLAPSE
Date: January 27, 2020 - Business Briefs
Dorothy Thompson
THE SURPRISE stepping down on December 9 of Tullow Oil’s relatively recently appointed (April 2017) CEO, Paul McDade, and the equally sudden resignation of Angus McCoss, Tullow’s exploration director, shocked the market, driving the company’s shares down a whopping 70%. Not surprisingly, however, the market has overdone its reaction, with Tullow’s current 70c share price… Read more »
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