Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
We got totally low balled on the offer and we were lied to really
Why do you come up with the ridiculous assumption I sold and want it back? That’s all you ever put to entrench your stupid mind set, this stupid bunker mentality...
That it’s mtro vs the world.. or there is a conspiracy to attack a 200m Mcap company?
if metro is In a position to give out cash why does the market discount its bonds so heavily?
shorts don’t just pick companies at random you know there are reasons..
Where is the cash to do such a thing?
All that Loan portfolio was matched up to deposits or are we forgetting how banking works? Literally only the profit on the sale is in cash and that’s all being used to repay loan (thanks guys) and keeping within the req’s.
Some of you guys are utterly delusional, this company doesn’t turn a profit and you want it to give out money it doesn’t have or think it’s capable of that? The reason nobody is after a take over is because it doesn’t make money.. there is nothing. To take over, I mean they bought the loan book so why take over the rest of the stuff?
Also why would a 500p share price (not happening) make someone more inclined to take it over?? Why would they be interested at 3x the share price when they don’t want it now...
MTRO is trying to survive it isn’t thriving... absolutely delusional garbage.. honestly someone show me where the take over plot is and who is gonna buy it?
IG really needs a new board happy to rebuy at these levels as it’s a cash flow monster but it uses the money so badly, hopefully tasty trade will one day just be a bad vanity project that didn’t cost us too much in the long run...
share buy backs off any future profits