Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
PWA, I also find it strange that people are selling now but think that some are confused about how things play out with regards to the Belluscura float.
For me personally, every bit of news we have had including Belluscura joining the AIM is super positive. FDA approval will see a huge difference in Belluscuras valuation of which we will end up owning a bigger share. It's a win win for us.
Then the rest of the value, Solarius, Guident etc will filter through over the rest of this year and start of 2021 further building on the value. Solarius has the potential on its own to make this share multibag. This share is still flying under many peoples radars.
Seems to be bouncing off £1.35 and now climbing again. The main thing here is that it has not been picked up in the media yet. Give them a chance to cover it over the weekend and the chance are we will open higher on Monday.
@Growerson. Yep that is my thoughts too. This went to 24p on pure speculation only a few weeks back. On FDA approval I would guess somewhere like you say, between 30-50p. But as you know, it is what they have in the pipeline that has us all excited. The LTHs here understand that Belluscuras' product is like a nice bonus but not even the best product we have. I am really impressed with the range of products Tekcapital are bringing to market.
Tek have an excellent eye for products that are relevant and from what I can see, amazing people are now running each company. Their model of monitoring tech coming through the universities is perfect for the world we live in now. A world that will not be the same in 5 years, let alone 10. Drone deliveries, self driving Ubers, VR, 3d printing. All completely game changing sectors that will transform our world within the next 5/10 years. I feel even more confident in Tekcapital because (to me) they have shown they can pick winners. It bodes well for the future and i will be looking out for more companies like Tek
Haha, yep! It is a little soul destroying at the moment. We all know where this is going but I would have liked a nice steady rise as Tek is way undervalued at 15p.
The FDA approval will be here soon and does not need to be June. As has been mentioned, It can drop anytime. The FDA will be rattling through things as quickly as possible with all applications that can be useful on the covid front, not just our product. Once approval comes we will see our significant & inevitable SP rise.
I personally will be taking a little top slice at that point since I came in at 6p but I will be leaving 80% of what I have in here to ride till next year. The SP will take a huge jump on Belluscura FDA approval but I am then expecting that to at least double again by next year.
That last video on Proactive was very interesting. I have watched it a few times now and I get the impression some big news may be coming on the Guident front before too long. The drone AI market is so hot at the moment & is worth silly money. As with most of us on this board, we are here for what we know is coming & we will soon be there.
Soon[tm]
Guys this share will be bought on dips & sold on spikes while we wait on the trial results coming back. If you are now in the red just ignore it and set an alert for the RNSs. This share will be in the multiple pounds if/when positive results come back.
Lots of people know this and sold out y'day knowing it wld drop again so they could get back in with more shares. Rest assured all those people who sold are sitting on the sidelines waiting to hit the buy button. Anything in the low 50s is a massive buy at the moment with this share.
GLA
18.9%
https://www.tekcapital.com/wp-content/uploads/2020/04/Tek-Investor-Present-14.April-2020.pdf
Buys were showing as sells for a good while. Watching & waiting for it to drop & it just kept going up, Damn it. I topped up some more anyway. Average price now 11p, happy with that going forward.
Super excited for this share. I think it is a little gem. I expect a very nice price jump once Belluscura approval drops. And a s we al know its Salarius that is the lottery ticket. Good times ahead.
BigBang, i'm thinking the same. It would explain the continued drop in SP. I just wonder how many shares have been forward sold. Seems we have some decent resistance at 10p This was only ever a long term hold for me so I will let it do it's thing. News coming and we will be back up.
GLA
Every single day it has been dropping has been the same story. Today so far buys 776k Sells 465k
It has been the same 2:1 ratio at close every single day. Buys are double sells and the MMs still walk this share down. At some point it will bounce back up.