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

I've heard of video killed the radio star....but not rns killed the buzz....sorry....just having a laf...

AFR have the money,are they carrying out normal business of restructuring for
best practice?

reaction of sp is surprisingly muted and trade book pretty much level
to me, it looks likely that AFR will be forced into a corner and have no option other than to accept what is put on the table
whether or not the innocent (as opposed to the crooked) shareholders will be left with anything at all is a moot point

Wish I took a quick profit when it was 34p....could have bought them back now as it is in an Isa...

ah well; i wish i had left my short running too

you don't want to keep running without your shorts , lol

Keep on falling sub 20p today.

Fill ya boots Mitzy.....you don't want to be left out in the cold...

can't quite work it out ..... order books still fairly even but 31.5m already traded!
i'm out and very cross with myself

I'm not sure Malcy is worth more than a token glance these days. He's been banging on about Caza for as long as I can recall and that's another that has just hit an ATL.

SOU another he's fallen in love with yet appearing priced for perfection. Onshore but very deep costly wells.

I think he needs reminding a few oilers now trading way below cash. Who'd a thought 12 months ago??

Anyway back to Afren and yes order book even but looks like seller just filling up into strength in book. Must be a head scratcher for investors now that Seplat appears to be their potential great saviour. Good luck everyone whatever your take.

seplat is almost certainly the ONLY possible saviour, and if so, it's unlikely PIs will see a penny - or at least that's what i think

How do you know that Seplat is the only saviour ? and why is it unlikely that PI's will see a penny ?

i don't know, which is why i wrote, "or at least that's what i think"

but most assuredly i know 56m traded so far today!

In freefall.

i think this is what the economists mean by "wealth trickle down"

You guys seem to be talking a lot of rubbish

rekirkham

Whats your view on how this will go ?

rekirkham i'm responding to posts as to why PI's won't see a penny and Seplat is the only bidder , no one here knows it's pure speculation and yes your right rubbish.

what's your view jimmy?
i assume you think differently from me

ditto q to rekirkham

========

re another knight in shining armour .....
though some other party was suggested a week or so ago, there has neither been further noises not reports that he has increased his stake nor even an rns from afr that another party has shown interest

and no, that does not absolutely rule out the possibility

I don't really have one cynic ,i was kind of hoping SEPL would have made a solid offer by the 19th.
I do think another bidder could step up and i don't think at this point that PI's will be left with nothing ,the offer we have to take may not be as good as we would like ,that's possible too..