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It leaves you to learn from your mistake and gamble smaller next time. But nothing is conclusive until afr folds. The news could be another ploy to force the bond holders to hand over more money. The BH's have been as big victims as the SH's. I hope they are wise enough to take their loss and move on.
Sounds about right. That's what administration means. One thing I thought they might try was to sell the company to the directors.
"I am a pi and completely out of my depth". Well, just make sure you don't end up in an advanced payment scam of some kind. Losing an arm and leg in afr is bad enough, you should avoid having you remaining limb taken away.
"Keep up the good work." What would that be apart from spamming the forum to death ? At the end of the spam frenzy, they had sod all on afren. So they say it's all confidential and can't tell you sod all. People gambled at the casino and lost. That's all there is to it. Aren't you the guy who said warren buffett said best stocks are those on an operating table ? I was one who said my dad was on an operating table and he never got off it alive.
Well the first video I found on google on company administration says the company may be sold to the directors. They have been trying to get the supposed "worthless" shares every which way could but failed. This whole thing could be just another attempt. They want it, and want it bad. Looks like they could succeed.
Interesting to see the fight erupting between asog and the 'legal' team. Now the spammers can leave the rest of us in peace. So, is AFR dead yet ? Will it pull some clever tricks after it has died ? Maybe it will come back with some kind of dilution deal that will turn my 1p into zero p.
I am sure there are forum rules against spamming.
Excellent. The more people believe that the happier I get.
Since the BH's wanted to be paid off completely, no deal would have been acceptable. Now that they have sunk further in and the ship looks like at real risk of sinking, they will now grasp at any straw available.
Completely possible. The BH's are taken for a ride as much if not more so than the SH's. There's a limit on how much they will risk.
No he was telling genuine plans. But that plan doesn't suit the current circumstance which is for the company to buy shares below 2p. Even if that plan is still in operation, there is no rationale to tell you about it.
He completely stopped the price fall. What more do you want ?
You obviously missed out on the news. The oil isn't coming out of the ground, but water is. Best go check price of water.
"bit like the Titanic itself". Since your calculations are always opposite to reality, we can expect a huge rally coming up.
"so what is next?" They have tried this and tried that. But people are ignoring them. So next, they could just resume business as if nothing has happened.
"Out states the general meeting that was scheduled for last Friday has been adjourned indefinitely". Looks like they are getting desperate and becoming repetitive, much like some people here. They are keeping their options open so that they can tell you all about the same thing next week, and the week after that, then after that.