goldfinger
- 12 Oct 2009 08:43
- 460 of 3666
Solid start this morning.
goldfinger
- 12 Oct 2009 08:46
- 461 of 3666
BD horizontaly yes and then 130p.
ellio
- 13 Oct 2009 14:23
- 463 of 3666
Seems to be plenty of resistance to uper 90's?
HARRYCAT
- 13 Oct 2009 14:25
- 464 of 3666
Sub 90p would seem a worthwhile top up level for those still following this one, imo.
cynic
- 13 Oct 2009 14:44
- 465 of 3666
AFR really is having huge difficulty holding above 90, which is more annoying than anything else ..... sooner or later it will escape that straightjacket
marni
- 13 Oct 2009 15:10
- 466 of 3666
it only hit the price yesterday i think, jes give it a chance!!
check it out in 6 months......it will be much more
cynic
- 13 Oct 2009 15:15
- 467 of 3666
can't disagree with that, even if many things can happen in the meantime, both good and bad
HARRYCAT
- 13 Oct 2009 15:17
- 468 of 3666
I want it to go up NOW, not in 6 months time! 'Get rich quick brigade'. Haven't you read my profile!!!!? ;o)
halifax
- 13 Oct 2009 15:40
- 469 of 3666
serious profit taking going on, where will it stabilise?
cynic
- 13 Oct 2009 15:40
- 470 of 3666
quite heavy traffic here today ..... 16m traded already against average of 6m ..... perhaps someone offloading a stock judging by sp performance - mind you, everything has turned pretty soggy (even HAWK lol!)
HARRYCAT
- 13 Oct 2009 15:59
- 471 of 3666
That was a crazy ride for a hour or so! 86.5 offer but now back up to 88p.
goldfinger
- 14 Oct 2009 08:26
- 472 of 3666
NICE......................................
BROKER CALL: Morgan Stanley an Afren fan
14 October, 2009 07:51:21 AM
Broker repeats its overweight recommendation and 110p a share price target after a 'strong and concise' presentation to the Morgan Stanley London sales-force. The chat underpinned the strong growth story at Afren underpinned by appraisal work being undertaken in Nigeria. Also revealed during the meeting was the fact that a main London listing could come as early as December. Morgan Stanley in research note, tells clients: 'The move to London's main board (a listing could be as early as December) should increase Afren's profile and increase liquidity. Our base case NAV is 109p/sh (forward curve) but increased confidence on development of Ebok and de-risking of the resource potential implies an upside case north of 150p/sh. Afren remains one of our top picks in UK E&Ps.'
goldfinger
- 14 Oct 2009 08:30
- 473 of 3666
A main listing as early as december......Nice.
ellio
- 14 Oct 2009 08:34
- 474 of 3666
This will overshoot 150p imo, 200p is a very slim possibility(xmas;-)) and the upward momentum is very strong, people are topping up?
goldfinger
- 14 Oct 2009 09:18
- 475 of 3666
http://www.ft.com/cms/s/6e5acd9c-b7bc-11de-8ca9-00144feab49a.html
Exploration group Afren slipped 5.1 per cent to 88p on profit-taking after a good run. There was also talk that Afren was working on an acquisition. The company has formed a Nigerian subsidiary to help it acquire oil and gas assets.
micky468
- 14 Oct 2009 12:41
- 476 of 3666
THIS ANNOUNCEMENT IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, JAPAN OR THE REPUBLIC OF SOUTH AFRICA, OR ANY JURISDICTION WHERE TO DO THE SAME WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION
14 OCTOBER 2009 - For immediate release
RECOMMENDED OFFER BY ADVFN PLC ("ADVFN") FOR THE ENTIRE ISSUED AND TO BE ISSUED ORDINARY SHARE CAPITAL OF ALL IPO PLC ("ALL IPO")
FURTHER ACCEPTANCES AND APPLICATION FOR ADMISSION TO TRADING ON AIM
As at 1.00 PM on 7 October 2009, ADVFN either owned or had received valid acceptances in respect of 29,913,988 ALL IPO Shares, representing approximately 98.58 per cent of the issued share capital of ALL IPO.
As a result of New ADVFN Shares to be issued in respect of the increased acceptances, application has been made for 245,072 New ADVFN Shares to be traded on AIM. It is expected that the New ADVFN Shares will commence trading on 20 October 2009.
Following the issue of these New ADVFN Shares, there will be 622,725,962 ADVFN Shares in issue, each carrying one voting right. ADVFN holds none of its own shares in treasury.
The Offer and the Cash Alternative closed at midnight on the 7th October 2009.
The trading on AIM of ALL IPO Shares was canceled on 27 August 2009 and notice has been sent to non-assenting shareholders regarding the compulsory acquisition of their shares.
HALF UP
- 14 Oct 2009 13:14
- 477 of 3666
micky468
jwhazattttttttttt all about
boxerdog
- 14 Oct 2009 13:15
- 478 of 3666
Done the exact same over on ADVFN!!!!.