Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Closed out at 133.17 - quick £132 and change in 15 mins
I whacked in a quick trade going long at 130.2 for £58 per point
Very frustrating to see the price going back to the bad old days - unfortunately it looks like 2p will be breached shortly.
Holding 2.3 million now and cant bring myself to top up anymore. Think I better start looking at the vacancies for a 59 year old accountant
Bought too early - market doesn't like it and re-read the RNS and this now stands out -
On that note, the Executive are currently preparing detailed software development, payment processing, marketing and regulatory expansion plans for our core website. These four factors underpin a successful USA licensed online wagering site. There is, however, an obvious cost to all four of these items, some of which can be financed through existing cash flows. This investment is critical to the future growth of the business and indeed our market valuation. The Board will keep shareholders fully informed of any decisions to invest in the current wagering platform.
- Some of which is the key point - looks like we're going to need cash which could mean a placing
A bit disappointed with the figures - was hoping to stay in profit. It's all on the licences and whether we can attract the right suitor. Just added another 150,000 so now holding 2192903 shares.
It will either be the best decision of my life or I'll be back looking for a job in 2023. Here's hoping
This was a great idea , a Covid killing mask. They hyped it to the moon and back but unfortunately no-one thought about actually trying to make a production run of the product before shouting about how good it was. They are obviously struggling to manufacture the masks with the copper inside it. They are probably going to have to move more toward air filtration, so larger template of materials to work with. Unfortunately this isn't going to happen quickly and I'm sure they are going to need more money. One to keep an eye on but how low does it have to go before you re-invest?
It is positive but we also have to be realistic. First 6 mths we made $721k second 6 mths we made $103k - this was our racing period at Sacramento and most of that took place behind closed doors so I imagine we racked up pretty significant losses from that activity. If you look at PE's we are currently running at around 22. I reckon this values the business about right but I don't think US (particular California) sports betting potential is priced in yet. Just my opinion.