Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Well said....at least someone understands what's going on here with this share.
We are lacking support!!
So what postion is next. The 3s?
Hit 0.0375 at the opening this morning. Recovered to 0.045 but dropping again. May regain. Nobody knows.
As you said, good a trading share. So lower it is, less leverage for day traders. And wish them well.
Position whether low or high it will always trade.
Some are saying, this RNS is good news.
Frankly I disagree. But everyone has their own opion. Because it dropped this morning.
Question....
I like to know.
Who is funding all this?
So with out support from investment.
How is the company going to raise money to run the business to make on growth plan say the next 5, 10 years. Remember it's a start up company trying to grow. Will take some time.
Sales will probably only make the company tick over. Till it gets ahead of the game. As overheads have to be paid.
Unless more customers are attracted. Then how does it grow?
It's how you view all this.
Basically if your a day trader. Its perfect for low leverage trading.
But if your here to believe in the company as an investment for future growth. Only time will tell.
But the real question here is as an investor.
Has there been actual profits been made this year?
When is the next set of accounts due?
Does anybody know?
Please note. For educationally purposes.
A company can file its accounts later than its intial filing date to companies House.
This just gives the company time.
So as an example if a company filing date was say 05th April. It has time to file on a certain period. So it could actually go into the next year late of say 8,9 months. So as an investor you could not know what the accounts are on profit and loss. Until the accounts are actually filed. Only then will it indicate a profit or loss.
Therefore profit would attract investment and loss would not.
Now as syme also have a duty to file on time. If late I guess would have to inform through RNS. Asking for more time. Which is not great for attracting buying power of a share.
Everyone seems to beat this share to death spiral.
Lowers the confidence. When every Is posting negative comments.
Firstly do your home work about the company and research.
Personally to me as this share drops. I have to remain higher, waiting for possible growth I have to hope for in the future.
So as it drops can only average in. Keeping my shares from having to be sold. The deeper it drops. It gets harder to average down Therefore some investors can not keep up with the constant drop.
So when everyone is posting negative. It is only making less confidence to attract more share holders. Hence dilution to try and attract.
Hope this information helps. But it's down to you personally. As an investor or a trader what's best for you.
Remember this is your investment and future tied up in this share.
So please try and be nice. As we are all h
Let's see how the market opens this morning.
From the information shown on the link. It surely must rise more.
Think a lot are waiting incase of any delays. Which is probably more for day traders at present. As an investor if it drops a bit it probably recover soon enough. As everyone can see it had great potential.
Good morning all.
Great to read positive feedback.
Looks like good news. The 1p looking closer. Company that has shocked a lot of investors and traders over the last 2 years.
Good growth so far and has the potential to growth to an astounding levels once fully into production.
If I only had a crystal ball at the time of its lower level to have bought more. But I guess we are all saying the same thing.
Just waiting in the side lines now to see how production goes this year. Once fully up and running. This probably hit levels unknown. But I guess we could all do with that crystal ball lol.
Keep the faith all LTH.
Still in its early days of production. So I am just sitting on the side lines waiting to see how the company grows once into full up and running a profit making.
GR has done absolutely fantastic progress and showing dedication. Great rewards for the share holders.
Been Invested here at bottom.
Only bought small amount. As thought being a small mining company. Probably struggle. Well what a joy to watch it growing.
What a big surprise. And it shocked a lot of traders and investor I guess. Nobody would of guessed.
Just hoping for it to hit 1p as then hopefully as the next stages continues with the construction completion. This company has the possibility to rise even bigger.
Upto now it is in it early stages.
So fingers crossed all goes well this year with no delays.
If I only had a crystal ball when I first bought my shares. I would of bought a lot more at the low value.
But unless you take the risk you don't reap the rewards I guess.
Well done George. And thanks for the uplift on my percentage. Just looking forward to lots more in the near future.
Once the plant is up and fully running. And if they did hit snags the price could fall a bit, but should regain due course.
So until then, i am sitting in side lines until full production is up and running.
Keep the faith LTH and all smiles for 2023-24 hopefully.
May i ask Bob. Was there an expiry date on these warrants of 0.05p. As I also noticed syme issued more on a RNS of 0.04p not long back.
But I not heard from my broker yet about these.
I would get an email to subscribe.
Also what is actually the purpose of warrants to ordinary shares.
Because when I view my account it shows a withdrawal out. Then a buy of these.
Where my ordinary shares will show a limit order or market order purchase.
I'm only gathering warrants are similar to PUT or CALL OPTIONS. holding a strike point 0.05
If go up, make on your warrant at sale date. Or a loss.
As why i am gathering as non tradeable.
The warrants are called back in by the company?
Is this correct. As I am only assuming this is what they are.
Thank you for the explanation about the warrants. As I was very confused about it.
So has as nothing to do with it.
Then only every can wait and see what information comes out to regain confidence.
To all syme holders. Like to say hello. New to the board.
Firstly. I have been holding since it was at its 0.5
Which unfortunately is now at a low of 0.05
Averaging down.
Questions.
The 0.05 warrant issues. Who bought?
According to the warrant issue of 0.05 depending on amount of shares holding at it time of issue. Therefore every who agreed was issued an amount of these warrant shares, are none tradable by my broker.
So I am gathering as we are now at this warrant share price 0.05 it seems to me it will not go lower. And is staginant around 0.045 to 0.55
The reason I am assuming of this 0.05 price.
(a) the ask price to the bid price is at a range of 5 pips either way. So when the price is hitting 0.045 some is selling at this price . And someone is buying at 0.055 This is been doing this now for weeks. So it's basically staginant. Investors buying fed up it not moving, sell. But because of lack of confidence in this share. Fear of buying probably to much as already at a big margin down. Are probably just topping up as the price drops because wanting as many shares as possible. Waiting for this so called release the crackin RNS!!!
(b) If someone from this board can explain. If these warrants can not be traded. Then is the reason of these warrants to protect the share from future dropping in price? Because I am totally baffled if the share is not moving up by lack of confidence in buying power. Why is this not being shorted even more?
(c) as for so many posting speculations. Which I do read. I personally do not think this share is anyway probably going to move higher until confidence regains.
(d) so basically until the company actually gives Investors confidence. Probably stay staginant at this level of 0.045 and 0.055
(e) as for rampers and derampers. It is trading after all. So if someone is buying. They need obviously support. So lack of support from no confidence at buying higher to push the share up. Obviously its going to get sold off again. Back to its level.
Remember it's your shares being on loan to short this, spread betting cfd.
(f) all this chat about tradeflow and Venus etc. It makes no difference to me. As basically they are working with syme on a business venture.
So basically the tickle tackle jargon posts on here will not move this share. Only confidence in the company will gain this. So until the company's annual reports are actually showing growth. Then maybe Investors confidence will regain and the share price move up.
Unfortunately I am in this like an investor. Believe that hopefully this company will grow. The gamble, like any new start up company. Is lack of cash because any new company will tend to burn more to try create growth in the long term. Therefore patients is required. I am just a private investor with my own isa account. I am not giving advice out. As everyone has their own theory and beliefs. This is my theory.
I do not trade this share. So I am not a ramper or deramper.