Next resistance is 20p, at this POG the sp should easily get pass 20p and all the way to 24.5p because at this POG the sp of PAF have reached 28p and 24.5p, also the momentum and MACD is increasing and RSI is still around 67 and not really overbought yet.
Is $944 and is still going up while the SP in here is either flat or kept down.
Yes, sp is being kept down, MACD indicator on 5 year chart shows we are going to take off soon to 20p, hopefully before ex div date.
Is going up, we could see mid 80's or near 90p this week or next week if momentum keep increasing.
With share buy backs averaging 81p, we might see over 81p next week and there is 81p resistance, the dyor.
Right, we had 12 million shares at 76p equity raised back in 2nd May, in my opinion i think the sp will go as low as 38p and then double for takeover or taken private by JD at 76p a share this way alot of shareholders will agree just like french connection takeover done by Hilco.
It's down because SA refuse to arrest Putin for the West when he come visit in August for the BRICS summit, also SA being main member of the BRICS does not help, SP down it all about politics.
We should see 16p this week if pog stays above 1900.
One thing PAF have is very little debt.