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Afren Share Chat :

boxerdog1 14:28:28 23/10/2014
A question for the more well informed investor here, why were we not notified of the recent results of the independant assessment carried out on our 80% owned interests on our block 1 Kenyan asset? The results were known to our junior 20% partner Taipan on the 20th October. Where the results not encouraging to add any value?
chris cat 21:35:26 22/10/2014
I find it quite worrying that the SP is this low after clearing the doubts about the assets etc, SAP hoovering up a large portion of the shares and the markets having a mini revival. I wonder if there are some politics going on in the background and we end up subject to some spurious environmental inspection or such like. There must be more than meets the eye for the lack of movement.
fraserdean 15:37:22 22/10/2014
It's more in play than it was, that's for certain. It's always surprised me the disdain that affers had for punters and the lack of ir, used to smack of arrogance to me and the outcome of the investigation shows a similar attitude. New broom and all that, interesting times, whether there's a battle for the company or not you'd guess it's good news for the share price.
jacks13 14:54:26 22/10/2014
Why were Willkie Farr & Gallagher looking at the books? They surely weren't there just to look at the transactions that led to the sackings. It might have been just routine I concede but the Company haven't dispelled my suspicions that some m&a activity was and still is in play.
dreggspicker 13:49:22 22/10/2014
I think one of the biggest problems is the total lack of news, they should rns something at least once a month, there is plenty they could inform us plebs about,numerous drills, current production etc, the aid to the refugees is a prime example, would not hurt one little bit!!
trader1066 11:06:09 22/10/2014
Yes no point accepting a 150p bid when we have a great opportunity to sit below a £1 for a couple of years, just ask Salamander shareholders how much better they feel in a morning now they are trading below a £1 after seeing off those silly bids.............
hvs 18:20:39 21/10/2014
Two very very SENIOR executives sacked for taking money in the very Virgin British Islands ? Is that not fraud and corruption ? Why was they both sacked ? They said it could have been USD 200 mill ? Please, I will be grateful for some clarification on this.
WhiskeyInTheJar 12:36:43 21/10/2014
Boxer- hvs is a shorter. That's been his game. He tries to spread worries when chart has been bearish. He's been around for years. IIRC back in the day, he was main guy who used to spam the boards of his short targets with negative posts. I don't think ADVFN allow that now.
goofy1 07:44:58 21/10/2014
Midas logically the illegal payments should be repaid to the party that made them although they do not seem to be as clear re the illegality. Prison would seem to be the correct course, loss of all options positions. Excluded from holding any board positions. Afren must pursue this.
MidasX 07:08:02 21/10/2014
“The company has instructed their lawyers to initiate legal proceedings against the affected officers. They will refund the illegal payments and face trial under the UK Bribery Act of 2010. Refund the payments is the important bit for me.
BhoyTrader 11:00:48 20/10/2014
Exactly how are the ex CEO and COO going to explain that $17.1m they paid themselves via a Bermuda account controlled by the ex CEO that was never communicated to shareholders? There other 2 issues around disclosure are a different matter and on their own were probably survivable.
cumnor 20:07:57 19/10/2014
White collar crime-City fraud-is rarely seriously punished, even when billions are stolen or lives ruined by thugs and bankers. It is in fact encouraged and rewarded by US and UK courts that send starving shoplifters to prison. This is the law but there is really only one kind of justice that could ever deter financial fraudsters and their vile families. imo

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