Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
I forgot about this share. I see it changed its name. I used to have a couple of grand in it a few years ago, like 2016 I think. So four years have now passed and they are still doing the same rince and repeat with placing after placing then consolidation. My advice is to avoid this share at all costs! This will not make you rich! Don't believe the spin! Any rise in share price will be met with another placing! You have been warned!.
Will it do its usuall rise then back to flat by end of day?.
looking good this morning!
Yes I did, another disaster of a share. I made some money on it (not alot) but better than a loss. Another lying CEO that kept saying no need for a placing, then the next day did a placing at 10p. Aaog will be delisted soon, nothing but a lifestyle share.
I was invested in this share over 3 years ago and watched its decline. Still waiting for them to unlock the value for shareholders! All these years later. It looks like this is the end for pxog and the 2020 recession will finish it off. Atb.
They will need a placing soon, just to keep the lights on.
Does anyone care about this share anymore?
Because they want to escape. Many bought in at 10p levels.
Rumour has it they are trying to raise 8million again. Money to be made short term, when they walk this share price above the nominal value to do so, but long term stay well clear.
I said there would be a placing at 5p, and I was called a troll. AAOG has become predictable, walked the price up into the 5ps again, then place, back down in the 4's. This will drop into the 2p's.
Sefton still needs to address the placing rumour. He did not last time and look what happened.
If the rates were good, the price would be rising now, with the money from inside traders in the know.
You can't rule out a placing!
People keep trying to predict RNS. Everyday the same and when it does not deliver, it is followed by heavy selling. Been here before, with a long period of silence and the news was bad (they had to relocate the rig). This could hut 7p by end of week if no news.
Short opened. Target 6p.
Holding RNS are out!