Wrong on all fronts pal, I'm in at 20p but I also said this would swing, and I'm also here for the long haul I see more value in this company than a weeks worth a profit, just angers me people crying that they haven't made a quick win, and if you've been reading this board all week you'll be fully aware of some of the tosh that's been branded about
by a huge margin. The combination of this evenings news and the price of oil over 6% up will see unprecedented gains. Still after such a fall it will take some going to trade back over £1 again and may not happen for weeks
Afren shares bounce as Seplat buyout talks extended
**The company was the subject last year of bid speculation earlier when South Atlantic Petroleum (SAPetro), which is led by former Nigerian defence minister General Theophilus Danjuma, amassed a 7.1pc stake. SAPetro is now Afren's second biggest shareholder.**
So it looks like SA PETRO are still holding and still have a 7% stake. They bought in around one pound. May well be one of the investors willing to put in some more money to recapitalise the company.
Oil share trading is a cut throat game. It's the Arabs you want to be cross with or those inconsiderate frackers. Money comes , money goes. That's life. It's not really important. Put yourself in the shoes of other around the world who have f all. I bet your not doing so bad. Good luck. Rigger.
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