Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Couldnt resist grabbing a bunch.
"Bell Ends Incorporated"?
Please stop putting crayons up your nose. Its not going to be suspended.
only 3 posts in the last 3 pages have been made by someone with less than 100 posts in their history...
*looks at last page of posts, almost all fo which have thousands of posts*
... I think you might need to go to specsavers.
Also, we are another 6% up and gaining with no new information. Its not even 9am yet.
Not trying to ramp, but i think your post is a little premature...
It's got nothing to do with mm tricks, it's just that most mms haven't submitted their opening prices yet.
Not sure where you've got that from, 22.7 was the closing trade.
About to go by the looks of it.
Because the assets and cash dont = 20m, and its an established brand, and a thousand other reasons that you already know.
E- Please try harder next time.
the £100M would be broken down into a price per share, and you would get paid that price for all of your shares.
Given how small the market cap is compared to the cash the buyers have, i'd probably go for all cash.
But as the others have said, could also be a combination of cash and shares to what ever value is agreed.
Why is water wet, why is the sky blue...
"is one of the parties it is in discussions with as part of the formal sale process"
Multiple parties then, brilliant :)
Because shareholders simply wouldn't accept. The current sp is well below true market value.
We aren't in a accept the offer or die situation, if the bid isn't good enough then it's declined and the company continues with it's cost saving exercises.
Ah fair enough Duncan, knew it was one of them so 50/50 chance!
Either way, almost there!
They had 8.1 million shares. The rns 45 mins ago says they dumped 2.5 mil yesterday, it also says they don't have voting rights on 2.8 mil of them as they are held on behalf of someone else . I may be wrong, but I would read that as they are not allowed to sell them.
After their sell yesterday now only have 2,770,823 shares left that they control.
Given how today's gone would not be surprised to get an RNS tomorrow or the day after saying that they are out completely of their shares.
Blue right now ;).
I read this board I the line "Clowns to the left of me, jokers to the right" keeps playing in my head..
I read this board I the line "Clowns to the left of me, jokers to the right" keeps playing in my head..