< "> 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

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

i've had a small (extra) dabble at 27.90
quite surprised there isn't a slightly stronger reaction to the news, but certainly lots of traffic

Well it means they are considering bidding....I think that there might be another bidder that might emerge.....so as long as we are patient...in the long run it might pay dividends...

Awful lot of mights there. Here's hoping you might just be right:-)

Everything is a might maggiebt4 ,life itself is 6/4 against .

Death and taxes are a dead cert! No 'might' there!

Thanks gentlemen for those cheering thoughts just have to hope Afren brightens my day.

A couple of posts by a knowledgeable oilman

I`m thinking 2 for Seplat is most likely building a nigerian powerhouse!

Would give a combined production of in excess of 60,000boepd Ftse 250 company
and with afrens and seplats production to grow this year Seplat have 5 rigs
and no doubt the cost of these will come down due to poo.

Could exit Eoy combined production 75,000 to 80,000 boepd.


Combined is the favorite option.

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Great time to be buying 27p steal what we want is the chinese to show there
hand they will out bid anyone.

Gonna get very interesting here sadly most folks have patience issues and will
get locked out when the time comes.

Im loaded upi under water at the minute but not for long thing are about to get
heated up here.