Member Info for Starbanker1

They already sign the agreement with vivo. soon they will be selling teh gas. watch the space.

even on the week end you are posting negative posts. get a life man

enjoy, go to gym, relax

AP is probably singing its coming home its coming

I hope that management will report any offer they get to the market whether low or high

At market cap of 20m any dog can put a bid with 10m cash on balance sheet. this is been brought down to facilitate a takeover

Char likes Fridays. Time for AP to cheer up the holders.

At this level, there can be a bid at any time. don't miss the boat.

this is the chance of a lifetime to get 500% return on your investment.

Good luck!

Munnie,

what is your target entry point? :-)

you will not be wasting your time here if you were not expecting price to drop.

don't be greedy in case there is a mid day asset sale or takeover RNS which increase price by 500%.

you will be crying then?

Given the unexpected results, can anyone guess what would be a decent price for CHAR to sell Anchois and its offshore Morocco asset?

Where is happy today?

CHAR should really downsize now.

maybe they are too small to develop Anchois. they don't even have Cash to do this. Best is to sell the whole offshore to Energean or another operator.

with the money they can return half as a dividend and use the other half on Namibia and onshore Morocco business.

for the energy business they need to tell the market where they are. are they close to agreeing terms with a bank? any progress there can add 5p to the share price.

I hope CHAR can turn things around b4 2025.

Yesterday's lots of unheard posters telling us to sell as price will go down to below 1p.

this morning another bunch of new posters telling us this will finish 2-3 p end of week.

irrespective of their agenda this should not be trading at 1.5 p. this was pushed down so as to get entry points for these people

Energean did not sn the flow test. was this done so that they can save money to buy Anchois in a pre agreed deal?

Mmin you work for Energean?

Nor viking

this may not be reflected in the price otherwise we will not be trading at 1p. I am afraid we will not get full value for the Anchois sale.

The asset sale to Energean looks the most likely option. AP can release an RNS that CHAR is exiting offshore Morocco for $100m to focus on onshore Morocco and other business such as Namibia. they can give a $50m dividend sweetener. given we are at 1p no one will say NO. Simon was also going in this direction last week when he said there is life beyond Anchois.

After the deal with Energean was signed we went from 14 p to 1.3 p. the fall was constant and systematic. no news was helping the share price.

the reason for this fall will become clear soon. did AP agree with Energean to take this private on the cheap?

the capital raise of $6m was done to increase management share.

I will hold and see but it looks we are coming to the end of this game now. either we are selling the asset or a takeover are becoming sensible options.

Can he be doing number crunching to bid for CHAR :-)

Why are you desperate for this to fall further?

are you acting on behalf management or another party :-)

you can have my shares for 15 p

Mm building a stake for a takeover.

this will be taken over soon

Management put I million in the last raise so they are the ones more affected by this.

I trust them now to make the correct decisions with regards to selling assets or an outright takeover of the company.

for those who think CHAR is worth 1 p or less I can only wish good luck in finding another stock with better value