Afren

Ahh! Thanks F4T!

Oops! Forget that last post lol! This is now for gamblers only now that the (all time?) low has been smashed.

Any thought's on this folks??
I've got a small speculative long here.
Firstly the downtrend (the mother of all, lol)
Weekly Chart.
uk.advfn.com/p.php?pid=chartscreenshotsh...E0%3D&symbol=L%5EASC

Close up to the current action, no real green shoots tbh, other than a higher low but i will add some if it can close above the 20 day ema.(around 10.5p)
first to admit this is very, very risky, a gut feeling this is going to have a nice bounce, so lets see.
uk.advfn.com/p.php?pid=chartscreenshotsh...Tg%3D&symbol=L%5EASC

Regards,
Trendfriend

Perhaps Remo should have a gambling section?

I'm staying out of this one, good luck with it!

M.

as i'm a complete newbie, you will not know me

anyway, i reckon AFR is a dead duck as far as PIs are concerned
as far as i can see, there are 3 possibilities

1) a deal will be done and the PIs will get something out of it - i don't believe that
2) a deal will be done but the PIs will get zilch - the most likely outcome imo
3) no deal will be done, in which no one gets anything - the least likely imo

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i should have added that, as far as i can see, there are a lot of professional (computer) traders playing with this for quick profits in either direction, but far too dangerous waters for me

Hi cynic ,,,, just interested to know if your opinion re Afrens future is based having also read last Fridays RNS re the seplat offer rejection ,,,,