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AFE African Eagle

0.275
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
African Eagle LSE:AFE London Ordinary Share GB0003394813 ORD 0.1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.275 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.275 GBX

African Eagle (AFE) Latest News

Real-Time news about African Eagle (London Stock Exchange): 0 recent articles

African Eagle (AFE) Discussions and Chat

African Eagle Forums and Chat

Date Time Title Posts
16/5/202012:55African Eagle Resources - Focussing Efforts Towards Production8,323
15/6/201823:29AFE refugees from ii1
24/5/201313:52African Eagle: News & Discussion5,450
09/5/201315:31African Eagle - 20122
25/2/201214:54African Eagle To Soar-

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African Eagle (AFE) Most Recent Trades

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African Eagle (AFE) Top Chat Posts

Top Posts
Posted at 05/2/2019 21:51 by malc5
Is there still anything happening here? AFE seems to be running quite successfully!
Posted at 14/11/2017 17:31 by excellance
So, a lot of time has passed since afe died, but who owns dutwa now?
Posted at 12/2/2015 09:23 by melodrama
That RNS is an automatically generated RNS from the Stock Exchange, AFE is not in control of that. Doubt very very much there is anything sinister going on here. Mr Karim, has a reputation that he will not wish damaged in any way.
Posted at 18/6/2014 13:03 by kiwimonk
It doesn't take a rocket scientist to know which way this is going, Share Price Through the 200 day Moving Average.
This will do an LPH, in performance terms. 7 Bagged. And is still rising after two big shareholders entered the fray.

You can't get any better kudos than a Globally Respected African Billionaire buying 16% of AFE's stock!.
Posted at 17/6/2014 20:54 by daddy warbucks
Not saying it will happen, but I remember a company called Hidefield, (HIF), which was lent money to keep it going for a while. In the end certain people who lent the money had it paid back in shares. The only thing was, the share price had plummeted and those people effectively too control of the company. As I say, this may not happen here, but what do I know. I thought AFE had a world class deposit and we were on our way to riches.
Posted at 05/6/2014 15:01 by stockologist
You seem to be labouring under the misapprehension that the highest share price in the last 12 months determines the takeover price if any. It is actually the highest price paid by the bidder/concert party over the last 12 months I think. I thought they bought in in the 0.10p placing or whatever it was.


saloba11
5 Jun'14 - 14:21 - 8129 of 8130 0 0

Dutwa was sold for 100k plus AFE have a 10% free carry until $20m has been spent. the 10% is cannot be diluted.

I think the worst case scenario here is the new board remain quiet and shareprice doesnt rise beyond 0.5p then either Blackdown or shoreline do a RTO. They only have a matter of weeks to conlcude a deal. The highest 12months closing shareprice is start of July. They may wait until then so that an RTO can be offered at the lowest possible price.
Posted at 05/6/2014 13:53 by saloba11
Took his asset there instead of putting it into AFE BAM BAM?

His oil asset has nothing to do with AFE thou, there is however a connection between Nick Clarke and AFE as NC owns 90% of the Duwta project which AFE have a 10% free carry interest.
Posted at 01/6/2014 22:24 by saloba11
if there was to be a takeover does it apply that the takeover can be the highest price the shareprice has been over a 12 months period? if that is the case then it would be 0.68 which was the price on the 1st of July. Prior to this the share price at the end of May 2013 was 0.82 which would give a 15% discount. If a company where to wait until 2nd of July to take Afe over they could buy the company for 0.5p per shares as that would be the highest share price over a 12month period with that price being the closing price on 2nd of Sept.

Not sure if the 12 month rule applies but its interesting as this board have waited until the end of May to announce the appointment which has meant a min of 15% discount is possible for a takeover.......
Posted at 11/4/2014 12:31 by comedy
dont say i didnt tell you guys to buy for the news...

if you look at aim stocks they have been battered for 3 to 4 years ....the entrepeneurs are spotting now is time to seizze shell companies on cheap and float their "idea" on them...

look at DB on Coms...from 0.34p zone i think hit a high as 12p

now DB has moved to his next one...Vmp

and now NC has hit Afe while cheap...

this is the start for those who are prepared to take a risk and move and ride the wave up...

remember the minute news of big share transaction showed there were very few who got in low 0.2p's ie sub 0.25p...those who got in as "insiders" i believe sold in the rise to 0.45p/0.5p...yesterdays continuous flushing of share price helped to get rid of low buyers...and you can spot trades of those who bought mid 0.3's sold this morning sub 0.3p....

question is why would 2 guys move in here and get ride of bod???

as news appears the share price will rise...but even after all selling the mm's werent prepared to sell in 2 mill batches....plus were prepared to take sell in volume at a premium...

as news trully spreads on this and the next set of rns start to hit us ...expect 0.5p will be atttacked again:)
Posted at 10/4/2014 10:44 by nash81
copied from other BB:


"AFE vs RRR"

both AFE and RRR were around 16p back in 2011 and now both around 0.38p.

market cap for AFE about 4m
market cap for RRR about 6m

Yet, AFE has sold almost all of its assets last year, ie the only main asset left is the royalty. Edison valued assets of AFE around 3p "with" the assets (see edison website), but since assets have been sold, i would say AFE is overpriced now.

while RRR still have all assets, of which colombia mine (worth 3p-4p if sold), Greeland mine (2p+), kenya gold with 2million Oz gold and jupiter shares and royalty. all in all, RRR worth several multiple of current market cap and it will change very very soon once the sentiment change over there, which wont be too long now. wont be long for RRR to be near double digit share price again.

gla and dyor
African Eagle share price data is direct from the London Stock Exchange

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