Afren Share Discussion Threads

[everhopefull3] 13/6/2015 20:29

"On behalf of the Board, I would like to thank Darra for his contributions to Afren, particularly during the recent difficult times. We wish him well in his future endeavours."Er, difficult times caused by groups mismanagement of Afrens board, resulting in most Pi's being wiped out !Yeh, thanks Dara, thanks a fkn bunch !

[debbiegee] 13/6/2015 16:52

the support at 3p was the 6m on the bid.
Once that was filled I said Oh dear what next ?
Somebody wanted at 3p ?

[12bn] 13/6/2015 08:15

12bn 4 Mar'15 - 14:16 - 10 of 940 1 0 edit

6.50p bid but by the end of play today I expect sub-6p.The share price is likely to drift ever lower until suspension.There will be a lot of tears then and many PIs will wonder why they didn't cut their losses at 6.5p!/////David Bent,you should have listened to me. :)

[kirk 6] 13/6/2015 00:35

"On behalf of the Board, I would like to thank Darra for his contributions to Afren, particularly during the recent difficult times. We wish him well in his future endeavours."Thank you for all your hard work using investors money Like African minerals 900m total investment now worth nothing

[kirk 6] 13/6/2015 00:34

Still waiting yesGet paidGo to the racesGo first class Stay in the shard

[still waiting] 12/6/2015 22:52

do these directors do anything? serious question.

[loggypunts] 12/6/2015 21:49

Methinks he's resigned prior to his arrest for fraud.One can but hope

[biggerthus] 12/6/2015 18:57

Well, Brent is still crude, but can't argue with that summary David !

[jungmana] 12/6/2015 17:32

Walked away loaded after years of milking Afren

[withoutt] 12/6/2015 16:38

I see Mr Darra Comyn has resigned.

[hpcg] 12/6/2015 16:14

Put it this way, I can't decide whether to start closing my shorts at 1p or wait for 0. The oil price is not going to recover this year and may even head back down. Bond holders could drop the refinance at any time. The share price could bounce around because some will always find value based on a previous market cap or share price and not on the future prospects of the company.

[bckttsim] 12/6/2015 15:43

How much lower can this go.Got to be an opportunity at some point, but when ?

[hpcg] 12/6/2015 11:12

Personally I think the bond holders are foolish to refinance, simply throwing good money after bad. Afren's business model was broken by the step down in the price of oil.