Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Agree, the full year results for 2018 could include a post-period highlights section like the half year results in December 2018. That would be quite relevant this year with Ebers and 001 and it could include further updates like payment. I don’t think they have ever released an RNS for a payment only.
The last valuation I saw was in the Hardman & Co report in April
“ Investment summary: Alkindi, a cortisol replacement therapy designed for children under 18 years of age, is DNL’s first product on the market. It is expected to be followed by Chronocort for adults – a larger market – which now has a clear pathway for regulatory approval in both Europe and the US. Despite this, the share price is still languishing well below valuations determined by peer group and DCF (225p) analyses, possibly due to the need for more capital later in 2019.”
This part could’ve been missed in today’s RNS but it’s a significant change from previous JVs/MoUs - DYOR
JOINTLY pursue the necessary approvals for the Phulbari Coal Project from the Government of Bangladesh;
Investor, completely agree with your 00:31 post. Don’t really care where we’re next week or next month. If they manage to bring it down to single digits I’ll be as happy as them because I never thought I’d be able to top up at those prices again. If they fail and we’re at 20p because we get news I will also be happy. The only thing I know is that I’m not selling any in 2019, I wouldn’t risk being out of here when news on ROW license, Ebers, NXP002, broker, TR1,... are released. GLA
Not sure it was a buy, buys at 12:53 were at 13.65 and it started going down even though there was a 12:58 152k delayed buy at 13.8 (that one was clearly a buy). There was also a 100k delayed transaction at 13:01 at 13.5 which I also think it could be a sell otherwise it should have been higher than the 12:58 one... I hope they were sells to be honest as the sooner spreadex runs out the better. I think they might report a 0% TR1 when they are completely out since we haven’t seen a <3%. Anyway, another great week. Have a good weekend everyone!
Even if it is not the broker that round table is good news as they will introduce us to investors in cannabis “We are bringing together investors, European cannabis companies and the head of AIM to debate the prospects for investing in European cannabis stocks and expect a vigorous debate.”
Good rise today, this should rerate since they already got cash after the placing. Today's TR1 also confirms Oceanwood stopped selling since they have almost the same shares as in April and percentage only changed because of placing. Hope it continues going up as they progress with the applications and licensing.
Agree, we should get a TR1 soon... Good point AIM, but they had 26,068,984 which does not match that large sell and they have been consistently selling round numbers since Jul 18... hopefully we’ll see a sell for 568,594 soon...
Interesting previous investments
https://www.ora.je/team/
There were 3 large transactions. My guess is that the biggest one was Invesco’s sell, one of the smaller ones is RG’s already announced buy and we are still missing another TR1 for 2.2m shares (3.5%)
Thanks 2oco!