Afren Share Discussion Threads

[molatovkid] 15/7/2015 08:23

Looks to me like this is a corporate way of saying to shareholders - if you bring us down, we're taking you all with us

[fairenough11] 15/7/2015 08:13

Foookin bent shambles.

IMO.

[molatovkid] 15/7/2015 08:06

It is probably even worse than they are letting on....if such a thing is possible

[htrocka2] 15/7/2015 08:03

It looks to me that they've totally lost the plot...then next rns will be the obituary.

[datait] 15/7/2015 07:59

shaf200
13 Jul'15 - 18:07 - 5447 of 5485 0 0


With the new placing etc... doe that mean AFR is not going bust (and therfore time to pick some shares up at 2p!?)

HOPE YOU DIDNT BUY

[harebridge] 15/7/2015 07:58

Afren finished. Shares suspended.A once FTSE 250 company.Hopefully arrests will now be made.

[harebridge] 15/7/2015 07:58

Afren finished. Shares suspended.A once FTSE 250 company.Hopefully arrests will now be made.

[datait] 15/7/2015 07:54

another one bites the dust

[tradermel] 15/7/2015 07:53

Could a company post a worse sounding RNS than that one? Other than Bankruptcy?

[debbiegee] 15/7/2015 07:52

Maybe just stalling the deal with bond holders and talking to Seplat ?

[12bn] 15/7/2015 07:52

Suspended,well everyone had plenty of warning! I hope most sold out.

[snoopy12] 15/7/2015 07:50

Sorry folks no point blaming anyone the writing was on the wall way back. Next stop will be the knackers yard.

[molatovkid] 15/7/2015 07:46

gersemi....and lies destroy everything....

[gersemi] 15/7/2015 07:43

Debt destroys equity

[venomousviper] 15/7/2015 07:42

Could someone please post the funeral arrangements please !

[debbiegee] 15/7/2015 07:41

Seen 2nd announcement wonder if its smoke and morows cos theyre in talks with Seplat and they need to delay the vote ?

[hubs] 15/7/2015 07:39

No, its just turned the lights out.

[funkmasterp12] 15/7/2015 07:38

Not quite a bid:Given the material uncertainty of the results of the above-mentioned review, Afren is unable to assess accurately its financial position and inform the market accordingly at this stage, and therefore the Company has requested the suspension of trading in its shares. A further update will be provided to the market as soon as practicable.

[krr13] 15/7/2015 07:37

Oh dear:

"As part of an ongoing review of the business plan, it has become clear that
the expected level of near-term production is likely to be materially lower as
compared to the assumptions announced alongside the proposed Restructuring on
13 March 2015. There is significant uncertainty at this stage regarding the
outcome of the review"

keeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeerumba