|25 Mar 2015||htrocka2||hpcg... there were no disclaimers when the proverbial hit the fan.
However, that to one side, there's something I can't quite get my head round. The banks agreed to put the EBOK $50m facility back to 2019, so there was only the immediate payment of £15m for the bondholders to find...they defaulted on that particular payment yet agreed to pay £48m in 'advisors' fees?..hmmmm read more...|
|Sat 15:42||escondido||willfy - br understands very little hence the tenor of his posts.
He also has a tendency to make stuff up and will flip flop at the drop of a hat.
The sexual content of his postings invariably means there's a failing in that dept which should i suppose be pitied. In the real world as opposed to 'blogdom' he probably suffers from a lack of confidence which might be due to a troubled time at... read more...|
|24 Mar 2015||biggerthus||PW, and any other holders. An interesting post on the shareholder site.
"Re: The REAL Afren story
by picksicks Tue Mar 24, 2015 3:40 pm
I have had recent conversations with both KKR and another group interested in perhaps making an offer for Afren. Do we yet have a shareholders committee who can represent us in discussions with such groups. I personally have long experience with General... read more...|
|Sun 11:28||htrocka2||Unless the Restructuring plan is revised with the shareholders ending up with at least 25%....we have one last bit of power left that is currently beyond the reach of bondholders....and they want it for 3p...it would be more beneficial to me to crystallise the loss.
HTTPS://www.dropbox.com/s/hlebcgs6s6bfo9x/wildwolf-lse-26-03-2015.pdf?dl=0 read more...|
|25 Mar 2015||9 darter||Spot on!
Powells Workwear 24 Mar'15 - 18:32 - 3894 of 3899 1 0
I can see this lot who are running our company NOT BRINGING IN A NEW CEO at the moment wanting to stay in charge until they get there way with there best mates you scratch my back i scratch yours bondholders.Get it all passed then bring in new CEO i... read more...|
|24 Mar 2015||biggerthus||p.s. With $96bn under management, if true, nice to have another potentially interested party.
http://www.kkr.com/ read more...|
|yesterday 17:16||htrocka2||wiseacre...and exactly how are they going to raise £75m via a rights issue to existing shareholders at a discounted offer when the sp is 1p?...so let's say they offer you shares at 0.5p...to raise that sort of cash you're talking 15bn shares.
ps...we haven't got the reply from the FCA yet..that could be interesting.....QPP's reference to the FCA has put a rocket into the the SP. read more...|
|yesterday 15:41||wiseacre||What's the point of sinking with the ship when you can get three times more for your money now than when the debt for equity swap goes through at less than a penny. read more...|
|Fri 22:25||willfy||Bad RobotIf you fully understood the use of the R word, then you really should not use such an offensive word.... read more...|
|Fri 08:11||debbiegee||I have a gut feeling the deal is not gonna go through.
Maybe after results something else will come out of the woodwork ?
At these silly prices hardly worth selling so would rather wait for a remote possibility or write them off. read more...|