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before that gets taken out of context. I mean the company getting back on track. financially and in terms of corporate governance.
i guess people remained shareholders in Afren for the same reason shareholders did in Tesco.
GG, Tesco had overstated its profit by £250m. recovered somewhat from £1.55 to £2 now. At some point most of these companies have been up to no good that's including FTSE 100 and FTSE 250 etc. after the payment scandal there had been more emphasis on corporate governance. annual report talks about it.
so gayGeorge your purpose here is to have fun ? and you talk of paedophilia and the catholic church, tell me were you a good catholic alter boy or maybe a choir boy ? did you serve the father. gayGeorge to get the gratification you obviously yearn for on this board I suspect you have suffered great personal mental and !!!! physical trauma in your youth, maybe the 1950'60s when this kind of abuse was turned a blind eye to. Did you ever encounter the late Jimmy Saville gayGeorge ?
See, i can't find ANYWHERE that afren, or the individuals involved denied the allegations. No rns was issued disputing the claims. Now, why was that, do you suppose ? Since the allegations were in the public domain, weren't you all actually COMPLACENT in the events that took place, or at least condoning the individuals' actions in buying into the company.
I'm here because I like a good comedy, and the comedians here are some of the best. As to the statement that '.....afren was a ftse listed company and this supposedly guarantees protection against fraud...' Yeah, right, just like 'the catholic church is a church and that supposedly guarantees protection against paedophilia'. LOL. So, did you decide the stories, the concerns raised weren't true ? That the press was attempting to 'deramp' afren ? Really, why would ANYONE invest in a company where concerns had already been raised ? You're all asking questions NOW, and making your own allegations, NOW you've lost it all. Why didn't you ask those questions BEFORE investing in afren ?
NO! gayGeorge what begs the question is why you are infatuated with Afren and its shareholders when you have no financial interest in the company. How's your recovery going ? not toopainful was it ? Regards to Andy.
Are your a complete idiot ? Afren was a FTSE listed company, and this supposedly guarantees protection against fraud. We did not invest on ponzi scheme. Our decisions were based on regulatory news releases. Of course we all understand business risk, and we all took chance for those risks. It doesn't mean company can cheat investors, if it fails due to business risks then its fine, but cheating and SYSTEMATIC DESTRUCTION OF SHAREHOLDERS VALUE IS NOT ACCEPTABLE BY ANY MEANS.
that 'something fishy' was going on. Way back in 2013 it was in the public domain. Which begs the question : Why did you invest after this date, or if invested prior to 2013, why did you hold onto your shares ? Was it greed, stupidity, or ignorance ? there is NO WAY any investor in afren can claim to be an innocent victim, you have all been 'in on it' since questions were asked and allegations made in the press 2 years ago.