Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
What is your average now?
Thank you to everyone on this board but I've made enough to retire and pay my mortgage off. 6 figure profit is enough for me. Last time I use these boards again reading the jealous spiteful people that troll these sites. Goodbye. It's time to live life.
If we announce a copper or lithium asset this will fly past £1 initially. Then some of us can take some profit off the table.
Aerial
Getting your average down to that is very impressive. The work that must have gone into that over the decade with all the consolidations and massive drops needs applauding. You could break even any month now with the right news.
Aerial do you mind me asking your average? You have been here a decade and would love to know.
Thanks
If we found assets for the above wow!!!
It won't copy and paste. The interview is on director talk
https://www.***************************/edenville-energy-to-focus-on-sustainable-metals-of-the-future-interview/412985708
Steak bake this is my calculation correct me if I'm wrong.
£14,600 with an average of £8.40 gives you 1738 shares
1k buy at 38p per share = 2630 new shares. Add those to your original holding =4368 shares in total.
£15600 divided by 4368 = £3.57 new average.
Is that correct Carol Vordaman?
Steak bake. If you bought another 1k at 38p a share you would have an average of £3.57 just for example. So you wouldn't have to double your money at all. Just a friendly reminder and not any advice of course.
I've been in this share since December 2010. My average has been massive over the years but since November last year i've been averaging down. If I hadn't I would have an average of £46 today but with my recent buys my average stands at £2 and believe I have a chance.