However, I won't hold my breath for much juicy news...strange strategy going on with this company (and AAAP for that matter).
That said, I am looking forward to the eventual re-rate! GLA!
As I said the other day my target MCAP is 20M, so 5x from here. However, I have enough invested already so I won't be buying more until a solid RNS comes our way.
But seriously guys...
We could see a SP lift off if we can break free of this range bound trading. Not many free float shares and hopefully some good news and at least reasonable trading figures come May.
I've never seen so much SA produce in the supermarkets, so I assume that the core business is doing well and we have the prospect of HoH etc. upcoming. Just needs a new or additional listing and some PR.
Imagine when we have 5k gbp buys coming along every hour :-)
MCAP at below 4M gbp is a bit crazy imo.
As mentioned before my target is MCAP 20M i.e. profits >1M gbp/year
Surely some news coming with DL's second SA visit in a month next week?!
As I said before, the SP is thoroughly range bound and I believe any reasonable uplift on the back of good news will see the SP shoot up...just not sure of the timing!
When AFRI breaks out of this trading range it's going to fly IMHO.
Just waiting for the trigger to get above 0.35p!
HoH approval/completion? / Additional or New listing? / Results in May?
Frustrating past year or so, but I believe that there are bright prospects.
I've been using X-O to buy Afriag online for > a year now!
I've only bought small lots though as awaiting more news.
I've badgered H-L a number of times over the past two years re: online NEX.
I'll write to NEX next!
I agree that HoH should be a great launchpad here.
The share trading volumes have been laughable here for ages, once some serious cash comes along (trades >5k gbp) this will fly. That leaves us with the problematic listing issue...DL needs to sort this out, but once he does I believe we're sitting pretty.
So, next guaranteed update will be end of May Final results.
Surely, another update before then?!
HoH deal finalisation expected, pending completion of Due Diligence.
Some kind of tie up with AAAP?, LGC?
Still a mystery how Afriag SA is funding it's part of the jv for HoH
Not ramping, but feeling hopeful for the lth's here...
If the LGC ceo is correct in his Q1 growing timetable then 2018 could bring big profits to Afriag SA.
Assuming that 40% of those profits reach Afriag plc then the current sp here is a bargain.