Afren was a FTSE250 company in its hayday, ended its life on AIM. I guess you believe London isnt in Europe??
Recent court ruling for insider trading was jalied for years
Afren is not in europe and they arent regulated in the same way as a company established here, here legal perspetive have lot more teeth to chew illegal activities
Spuddy, if they didnt lift a finger in the Afren disgrace, the Reg. Authorities are unlikely to do anything here. Are we in technical default re Melody? etc etc
Is this other roll of the dice another way of saying atomisation of older investors hard earned investment
Is it not obvious what the money is going to be used for....in my very humble opinion, to take advantage of the very low prices of drilling rigs!!!!
We might be reaching for the defibrilator but until it flatlines it aint dead. The silence is deafening tho. One way or another ill be glad when it is over. Either examinership or dilution to extinction. Tony will protect his salary. No doubts there. What he wants 100 mill for will be interesting. Maybe the irish sailing team need a new boat. What a shower of sheisters. ðŸ˜
If it hoes to 55 those who put 100 million get 400 million profit those who bought at £2.00 lose 75% in my estimate
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