Wouldn't believe it - the way it communicates the dilution part seems pretty poor in terms of the language used. I'm no it expert but I've seen loads of people trying stunts like this the last few wks and so whilst I don't think things will neccesarily go well at afren this month I think this document is a crock of sheeeeee iiiiite
I'm not going to even being to speculate on whether the document is fake or not as it's not my expertise, but I can tell you that this document has been served from the same web server as the RNS from yesterday.
So it can only mean 2 things as far as I see it
* The Afren server has been hacked and this uploaded to it. It wouldn't be too difficult to work out the next sequential number based on the previous RNS * It's real and on their CMS system ready for release in the morning.
Nowhere to be seen now is he? Lets wait and see what tomorrow brings. Im 99% sure this is a hoax bit i know nothing about computers so its only my 2p. Just ask yourself why would they default on such a small sum?
Convenient! If it's real it will result in 40/50 drop in SP with new equity in at 6/5p Yes short term awful but! It will save afren and keep the business as it is with significant cash on the balance sheet, in time AFR will rise again if it's REAL we are in for short term pain. At least we have the answer then as to how things will go forward, and then there are the bidders who are rumored to be waiting so it's not over even of its real
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