Moneybags

MARKET OVERDOES TULLOW SHARE COLLAPSE

Date: January 16, 2020 - Moneybags

Dorothy Thompson

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 »

To access this content, you must be a Phoenix subscriber.

Get access to The Phoenix online for as low as €1.50 per week. Read all the regular online only Phoenix stories AND receive the packed digital edition every fortnight (25 per year). Great value for so many inside stories!

Subscribe Now! I'm a Subscriber