Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Wow. This is in free fall. What's going on?
When is next update/results due?
Share price getting hammered at the mo.
I bought in pre the EGM and expected to see some uplift post the approval of the Oil India deal. Alot will depend on the next rns, this needs to be positive. The market won't tolerate any more underperformance from this share and it has underperformed the last 4 years primarily due to inept management at board level. Any idea of when we can expect next rns?
The Board argued against the clause? They did in their hoop!
Very disappointed. In an ideal world we'd have had the Oil India deal along with a new board but as expected the current board looked after themselves in their negotiations with the Oil India.
And yet the share prioe hardly moved. Very surprising...
Share price reaction to Friday's vote would agree with you it seems on the necessity for a new board!
Disspointing share price reaction to the events of Friday. What will it take for this share price to move north?
All very quiet out there....
I'm afraid to go in case things go south...
How was this announced within trading hours??
Given away 50% interest in the field in the process with the scope for giving away some interest in the Tomsk region?
Is there value to be had buying in a this price?
Says the market.......!
This is heading towards sub 4p ladies and gentlemen....
I.E. No Corporate Governance??!
I would think that it would push the price up to c. 6.5p. So we have a situation at the moment where a company has decided to provide drilling to Petroneft on a deferred payment basis. For that company to do that surely they have had sight of documents which shows where the refinancing negotiations are at. Would this not be a breach of corporate governance? Essentially this drilling company have access to information that shareholders like us don't.
Well, that was a bit of an anti climax after the last few weeks buying volumes. Wouldn't expect any further news re the refinance until after Xmas.
How can 98m shares be bought only push up the share price bty 4%? Very odd?