Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Also with HL and have my allocation. Not available to trade yet tho.
Honestly for a guy that seems to know what he's talking about, more than anyone else on this board, Truth sure does seem to get a lot of hate. ESL is a sh*t stock. There is potential here but it's a major risk, not sure why people get offended by any opinion other than 'its going to tha moooon' and yes I am invested in ESL before you suggest otherwise lol
me neither, cant imagine its anything to worry about
Skivee I disagree. They're still investing in a company, and they know which way the company is heading. Why would they take up the offer if they knew the company was gonna tank?
As I've said, that's the only way I can read it. But anyone with an alternative view/insight I'd be interested to hear. Hoping my 5p shares do great things lol
Surely the acquisition of over 5m shares by the board of directors points to this company coming back to profitability. If the company were to be stripped and shareholders screwed over, as some of us have feared in the past, then the directors wouldn't want any part of this?? I think I'm right, but anyone care to offer an alternative?? TIA
Pretty much. And downward pressure from the inevitable sell off, as Truth has said
Are they referring to the over subscription of the offer by around 62.5% via the Excess Application Facility. If so then that was only available to existing shareholders and is now closed as well.
lol when the so called 'troll' gets it bang on the money
Thank you Truth. I have bought and sold ESL a number of times over the past 6 months, and I've made profit each time. And I've taken up the 5p shares because I like taking a risk and can afford to. But it's not a stock I would advise anyone I know to put their own money into.
Jamglas simple answer is yes or no. No one can tell you for sure. Lack of regular trades coupled with investors offloading their 9p shares to take up the 5p shares should bring the price down IMO. But no way of knowing what will actually happen to the SP. ESL is not a stock for the risk averse. DYOR
Dave tbh id be worried if they were doing anything that wasn't benefitting the largest share holder lol. But I agree they aren't bothered about us in the slightest. Lets just hope that what benefits DBay also benefits us. I'd have to be blind to not see that this is a risky investment....hence why it is only a small part of my portfolio. I'd hope no one here is betting the farm on steady eddie lol