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Afren Share Chat (AFR)



Share Price: 1.81Bid: 1.81Ask: 1.84Change: 0.00 (0.00%)No Movement on Afren
Spread: 0.03Spread as %: 1.66%Open: 1.93High: 1.96Low: 1.80Yesterday’s Close: 1.81


Share Discussion for Afren (AFR)


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SimonThePieman
Posts: 859
Off Topic
Opinion:No Opinion
Price:1.64
Horrible.
22 Jun '15
I'm glad I'm not in this. That RNS looks like a nightmare.
 
railride
Posts: 968
Off Topic
Opinion:No Opinion
Price:1.64
everone has had
22 Jun '15
time to digest this so called offer with many permutations 15% for share holders is not possible to my mind
we are allowed half bill of nearly 5 bill share in the oo and a max of just shy of 1 bill.
i keep reading the bh wont want any oo shares if it was so well discounted why would they not .
the only possible way of getting any value is to vote no on mass sure there is a risk but more so for them
thats my opinion so it comes down to what asog say is the veiw of its members well see.
Troajan
Posts: 9,796
Off Topic
Opinion:No Opinion
Price:1.64
isengard7
22 Jun '15
nite.lol.
Troajan
Posts: 9,796
Off Topic
Opinion:No Opinion
Price:1.64
isengard
22 Jun '15
you know the score?
Isengard7
Posts: 1,677
Off Topic
Opinion:No Opinion
Price:1.64
View Thread (2)
RE: isengard7
22 Jun '15
funny how you both say nite.
Jimmy_88
Posts: 461
Off Topic
Opinion:No Opinion
Price:1.64
View Thread (12)
RE: Afren
22 Jun '15
mrposhman - As I state, the value remains exactly the same however the upside/downside is less as you simply have less shares. That is logic and common sense meaning if a share is expected to increase in time and your shareholding has been consolidated to less shares then of course the upside is less than if you had more shares - although the value at time of consolidation is exactly the same.

Perhaps I never worded it clear enough for you the first time around however I have no doubt it is correct and having experienced it in the past I am absolutely confident in what I'm saying.

When shares are consolidated, the value at the time of consolidation is exactly the same. The movement in sp is what will reduce as you now have less shares.

You mentioned that a 1p move should be a 10p move via the example quoted however the sp won't suddenly move at the level of the consolidation, it will continue to move at the rate the market dictates.

Consolidation reduces profits on any upside after consolidation, it does not reduce value at time of consolidation.
Troajan
Posts: 9,796
Off Topic
Opinion:No Opinion
Price:1.64
View Thread (2)
isengard7
22 Jun '15
you have blonde hair,isenwrench is a bald eagle?
nite
Isengard7
Posts: 1,677
Off Topic
Opinion:No Opinion
Price:1.64
View Thread (11)
RE: ASOG
22 Jun '15
Torquewrench is still a no voter as I know.

I am actually leaning towards a yes vote. so no doubt I will be accused of being the same as all the other yes voters.

and if i was a no voter I will be accused as being same person as all the no voters.

So its a catch 22 situation there. But its on AHs like yourself. and you can easily be filtered.
Isengard7
Posts: 1,677
Off Topic
Opinion:No Opinion
Price:1.64
View Thread (11)
RE: ASOG
22 Jun '15
Yes I have a difficult confession to make.... I am indeed Isenwrench.

I was also accused of being Mould just because I said he puts out some good tips and tweets.

But your right I am Isenwrench.
Isengard7
Posts: 1,677
Off Topic
Opinion:No Opinion
Price:1.64
View Thread (11)
RE: ASOG
22 Jun '15
Andy.P/Adhoc Committee chairman.





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