Afentra Plc. Share Price (AET)

Competition Authority decision in the bag the long wait will be worth it and surely a minimal consideration once effective date barrels since October 2022 offset against the consideration!

Meaning it is probably already priced in! 30s before 60s.

Since the Angolan Government has already approved the sale of a material working interest in the same asset to Afentra from Sonangol, the National Oil Company, it's virtually inconceivable they would prevent Afentra from acquiring the Azule working interest, particularly when Azule is the highest producing independent O&G company operating in Angola, and is owned by two oil majors who are currently investing heavily to materially raise production at its Angolan offshore assets.

In addition, Afentra were selected by the Government as the preferred partner to Sonangol for one of the most prized onshore blocks in the most recent License Round.

IMO - On the balance of probabilities, there is more chance of Dianne Abbot winning the Grand National riding side saddle on a Shetland Pony than the Azule deal not completing.

You bored?

Surprise, surprise there’s no update still

Delays as always or does it even complete?