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AFR Share Chat - RSS Feed

Afren Share Chat (AFR)



Share Price: 3.17Bid: 3.15Ask: 3.19Change: 0.00 (0.00%)No Movement on Afren
Spread: 0.04Spread as %: 1.27%Open: 3.23High: 3.23Low: 3.09Yesterday’s Close: 3.17


Share Discussion for Afren (AFR)


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torquewrench
Posts: 619
Off Topic
Opinion:No Opinion
Price:3.17
View Thread (2)
RE: What a great advantage
Fri 21:32
Hi Boxerdog,

I hope you are well. No Vino tonight unfortunately - I'm on spouse induced rations - once weekly.

As stated the ASOG committee members are very active, we have assumed different roles with varying objectives - the aim being the same however - to get a better deal for LTH - especially LTH like you who have seen there pension pots severely depleted.

To detail exactly whom we have made contact and alliances with would lessen our position. We must maintain discretion until the tome is right.

Rest assured Boxer the ASOG committee ir working in YOUR best interests and I would ask you toread one of my earlier posts RE keeping anger at bay in the short term. ASOG needs to build relationships with many parties including the BoD and ad hoc committee. We must not alienate the BoD.

It is hard boxer (and I know especially for you), but please remember some of the committee bought back in tp specifically help the NO campaign and gentlemen like you.

BW

TR
 
boxerdog1
Posts: 229
Observation
Opinion:Hold
Price:3.17
View Thread (2)
ldlv
Fri 21:32
this is how I view the situation also if I'm fully aware of the circumstances.

I've lost a complete fortune and have written the 3p off, the greedy set of bond holders at present are demanding unreasonable terms but! if denied a yes vote the company will go up for sale and they then risk losing a fortune if the asset sale fails to return their original investment.

Am I wrong anyone?
granto
Posts: 2,361
Off Topic
Opinion:No Opinion
Price:3.17
TR
Fri 21:28
That is a very wise and thoughtful post you just made. I think a letter would serve as a basis of communication later on if a No vote is to carry. The BoD must be aware that SH now have a substantial No vote gathered . I have no idea how II are going to vote however they normally side with the BoD. I am not so sure in these circumstances with such a poor deal being offered. My own emails were ignored . I wish you well.
jester16
Posts: 556
Off Topic
Opinion:No Opinion
Price:3.17
torquewrench
Fri 21:28
Im sorry to here your suffering m8 but think of it this way if a guy came up to you in street and took 12 grand off you would you let him get away with it . You wouldn't and this is what the bod and bondholders have done to you me gloomy ldlv. Its called theft , we didn't cause this but we are the ones paying for it . We should all take an haircut evenly not some entity called the ad hoc making money shorting it buying the bonds at a discount then wanting the whole company because that is what they will do is delist it . Do you think they really care about you me and all other shareholders . I just can't wait till this egm is called
ldlv
Posts: 1,516
Off Topic
Opinion:No Opinion
Price:3.17
boxerdog1
Fri 21:27
Please wait for developments, ASOG may surprise many very soon. ASOG, by its very nature and membership have a mutli-faceted strategic plan in place.
ldlv
Posts: 1,516
Off Topic
Opinion:No Opinion
Price:3.17
jester
Fri 21:23
Please wait for developments, ASOG may surprise many very soon
boxerdog1
Posts: 229
Observation
Opinion:Hold
Price:3.17
View Thread (2)
What a great advantage
Fri 21:23
it would surely be if we knew a major share holder like the general was amalgamated with the ASOG. Knowing for a fact we had the necessary clout to thrawt this vile proposal would force negotiation prior to the vote.

I'm not able to do the necessary because I'm technology illetrate, for gods sake I dont even possess a mobile but! if one of our team associated in ASOG. could establish this I believe it would exert even more pressure on a BOD. buckling under pressure.

TW. enough veno tonight I suggest but whom I to talk I knoe nothing of technology but plenty on real ales.
ldlv
Posts: 1,516
Off Topic
Opinion:No Opinion
Price:3.17
Expectation
Fri 21:21
ASOG expectation is that the BHs will not allow the company to fall into administration and may make a revised offer. To be of interest to long term holders the offer would have to be a substantial improvement. Currently they are on a smash and grab, Unethical proposal!
torquewrench
Posts: 619
Off Topic
Opinion:No Opinion
Price:3.17
View Thread (2)
RE: interim report
Fri 21:18
Hi GB,

You are correct. Much frustration. I was infuriated for a while. Could not sleep for many nights due to worry.

After the anger I guess comes reasoning. Its like drawing a peace plan following a major war i.e. the activities of ASOG.

My point is, we want a better deal for LTH (and others). What is the best method to achieve this. Dialogue is one.

Be reassured however, ASOG, by its very nature and membership have a mutli-faceted strategic plan in place.

BW

TR
jester16
Posts: 556
Off Topic
Opinion:No Opinion
Price:3.17
ldlv
Fri 21:17
Do we have any institutions on board if not why not . I can't understand the logic in voting yes....





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