< "> edit this post http://www.investegate.co.uk/afren-plc-%28afr%29/rns/trading-statement-and-operations-update/201301210700069619
http://www.investegate.co.uk/afren-plc--afr-/rns/2012-full-year-results/201303250700107200A/

In an attempt to cut down the header page,i've transferred some of the older news to Page1 post No.3.

http://www.oil-price.net/index.php?lang=en
http://www.ft.com/home/uk

http://www.investegate.co.uk/Article.aspx?id=201111020700081674R
http://www.investegate.co.uk/Article.aspx?id=201111150700250723S
http://www.investegate.co.uk/Article.aspx?id=201112010705051251T
http://www.investegate.co.uk/Article.aspx?id=201201170700146472V
http://www.investegate.co.uk/Article.aspx?id=201201230701479690V
http://www.moneyam.com/action/news/showArticle?id=4323758
http://www.investegate.co.uk/Article.aspx?id=201204170700164488B
http://www.investegate.co.uk/Article.aspx?id=201205140700212304D
http://www.investegate.co.uk/Article.aspx?id=201205210700407032D
http://www.moneyam.com/action/news/showArticle?id=4430164
http://www.investegate.co.uk/afren-plc-%28afr%29/rns/significant-new-seychelles-3d-seismic-programme/201212120700052973T/
http://www.investegate.co.uk/afren-plc--afr-/rns/2013-half-yearly-results/201308230700063334M/
http://www.investegate.co.uk/afren-plc--afr-/rns/ogo-drilling-and-resources-update/201311190700083404T/
http://www.investegate.co.uk/afren-plc--afr-/rns/trading-statement-and-operations-update/201401280700096280Y/
http://www.investegate.co.uk/afren-plc--afr-/rns/interim-management-statement/201405200700135209H/
http://www.investegate.co.uk/afren-plc--afr-/rns/interim-management-statement/201410300700116483V/
http://www.moneyam.com/action/news/showArticle?id=4942625
http://www.moneyam.com/action/news/showArticle?id=4943375

cyril

That man's an a twat

i have heard that the damning CPR was actually issued part way through the (annual) process .... does anyone know if there is any truth in that?

it is also puzzling that the original CPR was also done by an indenpent body, so how could that be so completely variance with the latest?

that said, if there is no bid tomorrow, even if only an opening shot, then sp will be going in one direction only

http://www.vanguardngr.com/2015/01/local-content-given-impetus-nigerian-companies-ramp-capacityemeka-ene/

so then, is no news no news or bad news?

I reckon the market will possibly keep the sp up even with no bid from the first lot because another bid from other suitors is very, very likely.....

Just no news yet. Nigeria are an hour ahead of us, so shouldn't be long now! Rumour was that they would ask for a seven day extension to the deadline.

It seems that any extension must be applied for by AFR?

http://uk.advfn.com/news/UKREG/2015/article/65144489

i am very puzzled (and thick), but of you look at today's news for AFR there are some very odd tradings from morgan stanley
anyone understand them, or are they pretty irrelevant?

I''l pass,just as confused.

Ask goldfinger or skinny

my stop loss at 27p as just been triggered

sp has stayed remarkably stable, which is strange in itself

As I mentioned in post #2893, these trades have been going on for some while Cynic. They are TRP's, but I don't quite understand how they fit into the day's trading figures.

[TRP's: A swap agreement in which one party makes payments based on a set rate, either fixed or variable, while the other party makes payments based on the return of an underlying asset, which includes both the income it generates and any capital gains. In total return swaps, the underlying asset, referred to as the reference asset, is usually an equity index, loans, or bonds. This is owned by the party receiving the set rate payment.

Total return swaps allow the party receiving the total return to gain exposure and benefit from a reference asset without actually having to own it. These swaps are popular with hedge funds because they get the benefit of a large exposure with a minimal cash outlay.]

Off 10% today.

that's actually peanuts .... if there's even a sniff of seplat pulling away, then prepare for 20p or less before you can blink

=========

meanwhile, there's a little flurry of buying with sp a tad over 28 = down 5% on the day

A drop won't last...it might be good for shorters if they are quick or have an order (mighty risky...)....and then the climb back should resume....

RNS : extension...good they are in talks...

Time to buy some more...

indeed and in full .....

Afren Plc
Has received consent of UK Takeover Panel for an extension to deadline until 5.00 p.m. on 30 January 2015
There can be no certainty that an offer will be made or as to terms of any offer