Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Hmmm - few buys popping up today. A sign of liquidity returning to the small caps, or a hint of something more substantial.
Interesting part about the consolidation which would of course bring value elsewhere. Thanks ffsapa
Hi Birdseye, High Growth proposed a 20:1 consolidation which is expected to be confirmed at their AGM on 15 May which based on current price would result in an SP of 30p However any benefit to BLOC would be dependent on RTO negotiation and share structure. We do not know what is going on behind the scenes AIM_higher, and will not until a deal is announced. Such is the nature of cash shells, although Im sure the company would be happy to answer any of your concerns by phone or email.
Ive no idea if anything will happen with High Growth, but I'd be very pleased if it does - they raised another £5m today at a significant premium to the current price (1.5p) with warrants even higher. The Bonniers have also recently increased their stake and have warrants at 2.5p and 6p. The expectation is that preparations are underway for something big and if that involves acquiring a majority stake in AI developer Sentiance and a subsequent RTO with BLOC then excellent! All just speculation on my part for the moment...
All academic because they are doing sweet FA here.
Looking at #hash today, don’t see any value for holders here. Could be alright for hash shareholders but its 1.5p per share on NEX and can only presume losses for us holders here.
Hi Birdseye, I wasn't aware they were still in such close proximity - I'd love it if BLOC could pull something off like this. There seems to be a lot more funds sloshing around the small caps at the moment, so perhaps the "greatly reduced levels of activity in London's equity markets" cited in the Feb 8 RNS have abated and BLOC would be more confident in completing a deal should the opportunity arise.
Unfortunately AIM_higher, the first we'll hear of it is when an RNS lands. It's not like a junior oil co, where there is a specific time frame: drill, results, flow etc. There may be plenty going on behind the scenes at BLOC but we wont know until a deal is proposed. Until then we can only speculate and choose to be invested or not. I bought in because of management's previous track record and happy to hold. And who knows, the current bounce in $btc may turn into something more substantial, prompting renewed interest in crypto/blockchain...
Thanks ffsapa, nice to see you still here.
I'm sure what ever Roger is up to Chris knows about it and visa versa consider they are both mates and work in the same building.
So pretty good long shot.
I very doubt anything will happen this year....if ever. Nothing has changed in crypto/blockchain space.
Ticker HASH, currently listed on the NEX exchange recently increased their stake, with the option to acquire a majority holding in Sentiance, a Belgium AI company. On Thursday HASH announced the appointment of broker Whitman Howard which suggests company is looking to fulfil their ambition of a main market listing in the near future.
It's a long shot but I wonder if it's possible that they would seek an RTO deal with BLOC, as an acquisition of this nature would be in keeping with the remit "to include high growth opportunities within the wider technology sector, including the blockchain industry."
And there is a connection that Chris Akers is involved and invested in High Growth Capital who has enjoyed RTO success with Rodger Sargent previously: (https://www.independent.co.uk/news/business/analysis-and-features/playing-the-shell-game-can-make-or-cost-you-a-fortune-10483885.html …)
Like I said, only a remote possibility but in the absence of other news - worth speculating...
Discord ?
Are they paying u to silence discord?
I’m sure we all wish you was so we wouldn’t have to keep reading your drivelling posts.
Nothing going on here. Wondering now if I'm the only hodler of this dog left?
Maybe they will buy a race horse with the million still held and we will all own a piece of it.
Apologies and Likewise. It's the epitomy of watching paint dry. I guess u have to switch off but this shit show is hard to accept. I feel like they are just getting away with doing F all.
Aim, you don't have to be defensive as I'm not accusing you of anything. I'm well pissed off with the board and believe me , they need to start proving themselves to shareholders.
No but do u have proof they are doing anything? No
Aim Higher,
Have you got proof of that?
If in doubt check out their tweets. Guarantee they aren't bothered about us mugs!
Forget Steel's post birdseye. Why give these 2 guys any credit? They are dicking around living their millionaire lifestyle playing with horses, pure and simple. They thought they had an easy RTO with chorum but they failed. There is no plan B and there is no transparency as to what they are doing. Given the speed they went at 1st time around i expect a 1 year wait as well. Because they aint got nothing in the pipeline. Just an excuse of "difficult market conditions". Our best hope is a quick turnaround rto that relists at 10-15p so we can get out stakes intact....but i really dont hold out much hope at all.
If they run off with our money, I'll find them....and make sure that they spend the remaining £50 on lotto tickets!!!
AIM_higher - I am with you - I also bought in at 9.250 - and feel really annoyed that this company has done absolutely nothing except write empty statements and basically keep our money.
10 sells at 50-80% spread will have that effect, works both ways.
Didn’t help Steel saying no prospects of a return for at least a year whilst not actually knowing what will happen.
They're all at Aintree spending the reserves.....best stick it on the favourites!!!!
F'ing hell. Fading into oblivion. Someone in the know selling?