Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Folks, feeling very slightly underwhelmed today following yesterday’s RNS.
That being said, there shade price is ahead of where it finished last week. Long game.
I’m expecting tomorrow to be very similar to Wednesday. The market makers had a field day yesterday and many people took the bait, forcing the share price to fall 30%.
Remember - we have a product in global demand and are committing to double the production. The simple economics of supply and demand confirm the organisation is propelling it’s value forward.
Brace yourselves for the bumpy right but hang tight. I suspect we will continue to make progress, albeit a bit more slowly.
Don’t give in tomorrow morning. You will regret it following the sales RNS.
No. They will release RNS in accordance with challenges to the share price. It’s ammunition that will only be used when needed. Just like the Easter break, there was enough hysteria that negated the need to release today’s rns until now. They could easily have released today’s rns on Tuesday morning.
Apr-20 18:15:56 379.5363 41,416 Sell* 157.19k O
15-Apr-20 18:15:53 385.8068 78,706 Sell* 303.65k O
15-Apr-20 16:21:35 399.00 25,061 Sell* 99.99k O
15-Apr-20 16:29:11 428.00 6,006 Sell* 25.71k O
15-Apr-20 16:28:05 418.50 12,155 Sell* 50.87k O
15-Apr-20 16:25:36 434.90 7,953 Sell* 34.59k O
15-Apr-20 16:25:21 416.9999 14,385 Sell* 59.99k O
15-Apr-20 16:22:47 402.9999 10,000 Sell* 40.30k O
15-Apr-20 14:52:14 365.10 32,760 Sell* 119.61k O
15-Apr-20 08:26:15 401.8134 75,000 Sell* 301.36k O
15-Apr-20 17:13:44 412.00 23,535 Sell* 96.96k O
15-Apr-20 16:04:29 360.00 8,500 Sell* 30.60k O
15-Apr-20 16:04:20 357.50 8,500 Sell* 30.39k O
15-Apr-20 17:02:23 409.3506 61,334 Sell* 251.07k O
15-Apr-20 17:01:46 402.9243 8,679 Sell* 34.97k O
15-Apr-20 15:49:12 357.50 12,000 Sell* 42.90k O
15-Apr-20 16:45:43 412.00 4,352 Sell* 17.93k UT
15-Apr-20 15:44:02 359.10 10,000 Sell* 35.91k O
Hi everybody. This is my first post on the group, having developed a keen interest in trading in recent months. I am a complete novice and have many painful lessons ahead of me I’m sure.
I’ve been fascinated by the potential of Novacyt and I am hopeful that I have developed a strong enough set of steel balls to ride out the days where we are tested, like today. I have to say, watching the share price continually fall, recover briefly and then further plummet, I had to talk my self out of cutting my losses more than once this week.
The RNS landing was a huge lift and I took advantage of the opportunity to buy more and increase my average, having made my first ever share purchase at the peak of last weeks spike at 515. I am sure many of the experienced traders in this forum will be s******ing at how easily I took the bait last week. That being said, I’ve stuck to my guns and not sold a bolt. Many thanks to those of you who offer pragmatism and reason, amongst the wannabe overnight millionaires who’s *******s collapse at the first glimpse of imperfection. The last week has been an amazing learning opportunity and I wish everyone involved in this forum well.
What has really caught my eye is the high value and high volume sells that have taken place towards the end of today. They vastly outweigh the purchase orders.
Can someone of experience speculate as to the rationale behind this and how it may impact tomorrow’s first hour of trading? I am aware there has been much volatility with this stock and it will take more than a tree shake for me to quiver. That being said, I would really appreciate some insight and opinion to the vast numbers being sold.
Best wishes all.