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.
Guys just as a tester I did a Dummy 10m sell on HL and got an offer. That tells me one thing Somebody wants them. Ive never been able to get a quote on that amount before.
944T
I want them lol just don't have the funds.. still hoping to chip away into this years ISA
944 Hope all is well.
The drop today is a bit unusual, buying zone a think...
Yep, I can currently now get quotes to sell 15m all in one go. Once MMs filled their order, it will go up fast.
I like your posts max but you can't keep blamimg MMs. The price is dropping because we have not had any decent news for some time now.
@Unclejim. MMs know exactly where the stop losses are, which is why I never use them.
Unclejim sorry have to disagree if it was dropping due to bad news or no news you would not be able to sell any where near that amount because MMs would not want them. If you can sell in blocks of 5m and 10M somebody wants them. Interested on any one else's thoughts.
944T
They've hit a couple of large stops and won't let me buy. Going to NT.
@Wents, so why wouldn't they let me buy the shares. It was going to NT for about 30mins into the close for when I tried to get quotes for 1M, then couldn't buy anything near the close.
Those shares are filling an order. Simples.
I fully believe news has leaked, I have followed Aim long enough to see the signs.
Hopefully Rod is placing a big order
How many shares does Bill have?
Thinking about it Max,if they are filling a order for a buyer, for every seller there is a buyer, so you would raise the price to encourage the seller.
Simples
Wants I dont know what bad news can come out though? Hann**** resources seems a given and very very unlikely mining Lience would be rejected or anything . With Mexico behind us I would think only good news going forward
Some scare mongers amongst us
I ain’t listening to manipulation
I’m mixed in my view on it, a leak is possible and I’m somewhat nervous of that, but I do not think Rod would have come aboard just to have a bad news dump associated with him.
A very odd close of play, big sells make me wary due to the potential of leaked news, however we know the MM’s have soaked up at least 11.5m in sells today in the space of a couple of minutes, and at least Not all of those have been sold on to buyers as of yet, added to that quite a few people have reported NT to buy at the close of play. Interesting that MM’s aren’t willing to release those shares perhaps? Let’s hope!
lets hope its Rod coming in and buying 20million lol perhaps he has to buy now before he officially takes over or as insider info. That would be a very good sign to the markets if that's the case . Just pure speculation here
@Wents, You are very naïve to think MMs would never drop the bid to fill & work a large order they've taken on. They do it all the time. Nice commission on large orders.
Wents, answer me this:
1. If bad news, then for what reason were they wanting to buy a large number of shares from me and others all day?
2. Why would they not let me and others buy the shares they manged to get from hitting the stop loss?
Please explain.
It sounds like it was you that used a stop loss and lost your shares! Hmmmm
Definitely not scaremongering, just calling it as i see it based on experience, remember i am fully invested.
Hope i am wrong on this call.
MM’s do also tend to prefer dropping the bid to scare people out of positions or hit stop losses, remember they make money on the spread - why would they put it up first to attract sellers? Markets work off fear and greed, may as well try the fear side to shake people out cheap and make more on the spread.
Just read you post Max, i never use a stop loss system, i have plenty of time to make my moves live when i need to .
Can i explain no i have not got a clue , but as always with Aim logic does not apply.
Fully invested at the moment and a lot to loose, but i have only invested what i am prepared to loose, when i hear people say on here about investing for their pension it makes me shudder, THIS IS AIM THE MOST CROOKED AND SPECULATIVE MARKET there is.
I’ve been reading this BB for two years now. This recurring smalltalk about MM’s makes me grin. Always the same…read it and believe it if you want to be reassured against better judgement. The question that is yet to be answered: why was Bill replaced if everything was going well in Australia. All this MM nonsense is just mist, spam,…Just like Wentsland I’m holding my shares, hoping for the best.
Could be we are already being priced in relation to the DSO movement up & down.
I'm with smiller, Rod getting a chunk before being officially on boarded makes perfect sense
@myavian. You still haven't worked it out yet? Rod was brought in to unlock Munni Munni for shareholders.
I hope for you, you really are a shareholder. Unlocking Munni Munni is once in a lifetime opportunity.