Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
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Would be 192 mill. We have 100 mill in kitty...
For how much though, that is the question? Would need to be over 60p to make me happy
Odd that the sp has remained fixed at 35.5 all day. despite 400k shares traded. Very unusual. Anyone got any ideas why that would be?
Have reduced by half a million
It's because the "for sale" sign has been officially hoisted by COC that everyone with over 1% holding has to declare that's pretty much it to be honest.
http://www.investegate.co.uk/cenkos-securities/rns/form-8-5--ept-non-ri-/201703231029283106A/ Some Wheelin' and Dealin'
100mill m8
Is it 31p or 21p . I thought we have 70 million in Bank
I will be voting against anything he puts forward. I want him gone.
Is loading up...
Lol - shareholders are being taken for a ride here.
100 mill divided into 320 mill shares is 31p straight away. If blvn is sold
But was a LTH here for years I have been in this situation more than once and never seen share holders rewarded properly Cable and wireless was one , every single person on board shouting 60p 80p £1 ( when it was sat at 32p ) Everyone saying one of our many assets is worth 60p alone All banged on and on It's s no brainier Double money easy bla bla Think share holders got 38p when it was sold
No that's talking merge into one big happy family. Vog bod at least do something that achieves shareholder value instead of just sitting on it hoping you're set up for life. Dw treat this as a learning curve...
The macroeconomic environment of prolonged lower oil prices has had sector-wide repercussions. The Group's strong balance sheet including $100 million in cash and no debt or outstanding work programme commitments means it is well positioned to manage the challenges faced by the industry and to exploit opportunities as they arise. And if we stop as a going concern what happens to the 40 plus mill free carry on etinde?
Surely they have to give a special dividend as well how much do we have left...
i aint voting for that J16.
What you reckon lads. Or 300 mill plus a special dividend from the 95 mill left of what dw try to squander....
People could sit on their hands for a day it'd rocket and gaijin enough attention for all and any to offload
after the bell so the advertised drop is a bit over egged.
hear hear
chris211 I would much prefer your version of events to work out than mine....call me paranoid but thats how this company has made me feel...
chris211 I do not mean to offend i am lucky enough not to own too many of these however im not overly wealthy and would like at least my money back...its just i have been burnt in the past with similar events, I hope this doesnt happen as my wife holds some as well and yes i was hopefull that the old bod would hang on even though they have been useless, but this would have been a good kick up the ass...but we will say either way im here till the end now....