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Afren Share Chat (AFR)



Share Price: 1.795Bid: 1.69Ask: 2.60Change: 0.00 (0.00%)No Movement on Afren
Spread: 0.91Spread as %: 53.85%Open: 0.00High: 0.00Low: 0.00Yesterday’s Close: 1.795


Share Discussion for Afren (AFR)


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Isengard7
Posts: 1,712
Off Topic
Opinion:No Opinion
Price:1.80
View Thread (2)
RE: Isengard7
Mon 17:18
The misconception that the no vote is unfavourable to the bondholders. (Ad-Hoc Committee are the ones who proposed it.)

If the no vote is so splendid for shareholders then Alan Linn would be pushing for the no vote instead.
 
brummie32
Posts: 653
Off Topic
Opinion:No Opinion
Price:1.80
News ?
Mon 17:10
According to the U.S. Bankruptcy Court docket, London, U.K.-based Afren filed for Chapter 15 protection in the District of Delaware. The Company, which is a holding company with subsidiaries focused on the exploration, development and production of oil assets, is represented by Fox Rothschild.
Andydiff
Posts: 3,835
Off Topic
Opinion:No Opinion
Price:1.80
View Thread (2)
RE: AL
Mon 17:06
Afren BOD should all be suspended along with this sp and an investigation into what's gone on here.
Instead LSE decided to suspend you lmao!
Welcome back!
ATb
Lozzy1965
Posts: 17
Off Topic
Opinion:No Opinion
Price:1.80
View Thread (4)
RE: To all
Mon 17:05
So we get 10% of the company by voting YES. Or force the company to sell assets to make bond holder payments by voting NO, after which we will end up with how much of the company? I don't know the anser to this.
Or by voting NO we might be offered a better deal. Or by voting YES the bond holders will have 90% of the shares and can pass other changes that may make the long term shareholders even worse off? I don't know the answer to this either, but like others here, I have lost so much that the YES vote means I will never realistically see my money back, the NO vote means I might - or I might loose the pittence I have remaining. One thing is for sure, I am not handing the BH's my share of the company without a fight.
As others have said, if you are in this at less than 10p you might fancy taking you chances with a YES. I am not.
railride
Posts: 976
Off Topic
Opinion:No Opinion
Price:1.80
pgtips9
Mon 17:05
nice to see you back suspension why on earth would they do that you only speak your mind lol
pgtips9
Posts: 3
Off Topic
Opinion:No Opinion
Price:1.80
View Thread (2)
AL
Mon 17:01
AL has made his bed and is firmly tucked up with the greedy BH's. From Advisor to CEO he has proved to be no more that a Puppet who is happy to collect his fat salary whilst dancing to the BH's dirty tune. VOTE NO to their derisory pathetic disgusting offer! (Good to be back from suspension and appreciate those who have been asking after me). Pgtips.
Andydiff
Posts: 3,835
Off Topic
Opinion:No Opinion
Price:1.80
View Thread (4)
RE: To all
Mon 16:54
bless you nims. I've lost a fortune as well and I know where you're coming from but to accept 9p in the pound and at best 25% of my money back in literally years from now...if I'm lucky..... meanwhile other greedy people get fat and rich because I signed over my money to them...?
Sometimes when you are being bullied you have to make a stand....it might hurt but you often also achieve a better result long term.
Giving a bully a bloody nose will often stop him in his tracks and make him rethink at the least..
AFREN BOD are Bullies of the financial world and have picked on Afren SH's because they are mainly small investors. we are to them an easy target. Make it hard for them I say....as a matter of principle if nothing else
ATB
peteb308
Posts: 938
Off Topic
Opinion:No Opinion
Price:1.81
alliance trust - egm voting
Mon 16:46
just be told by ATS.

no problem proxy form to be sent today by first class post (all as per AGM).
nims
Posts: 635
Off Topic
Opinion:No Opinion
Price:1.81
View Thread (4)
To all
Mon 16:44
Please I dont get you all. Let the yes vote take place, and just see what happens. Too many on here trying to scare people and trying to manipulate sp for their gain. I have lost loads in afren and even with sp diluted will mean I am not completely out, and am willing to sit it out until sp rises. Everyone forgets afren has good assets and as shareholders we need to support the company to survive.
Bagz82
Posts: 690
Off Topic
Opinion:No Opinion
Price:1.81
View Thread (3)
RE: Legal action update
Mon 16:41
A no vote is definitely in SA Petro's interests IMO. That way they can pick off all the lovely cheap assets when management have to sell them all to pay as much as the bond debt as they possibly can. Lovely jubbly general old boy - well done you pulled a blinder.





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