Yup huan, I hold some AFE shares. Ouch, down 50% in one day.
I guess AFE are now stranded on 11B/12B. No majors will touch 11B/12B now because of the corrupt takeover of the Mossel bay upstream gas facilities by the ghastly ANC/russian oligarch consortium.
I am not sure about block 37. I thought PCL had relinquished that block (yup, confirmed by the ever-accurate jibby below).
Anyway it looks like AFE is well rooted! I wonder what 'ol crazy thinks - he seems well up on the minors!
PCL Price at posting:
2.1¢ Sentiment: Hold Disclosure: Held
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