Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Hi Bepeto. Are you actively involved in trying to manipulate the price down to 5.5p? Seems odd you keep posting that figure. If you are, you should be BIG enough to admit it, if not, why do you think its going to hit that number?
Oil up 4.6% to $61.25 a barrel.
Hi Pete. It left a massive gap in the chart 45p to 60p. This would have to be filled at some point. Hopefully its done now or very close as it dipped into the 46's very briefly. Will buy if it dips into the 46's again, hoping for a strong bounce from there, but you just never can tell whats going on behind the scenes
Just had a look back at my old trade purchases/sells for LEK. Last time i was involved here was 2013 and i sold out for 40p ( around break even by the looks of it ) now that would be nice to see again. Hoping for 10p in the next few months. Will be interesting to see how quickly this progresses once the MM's have got their pals all sorted out.
Looking a little better. Hopefully the MM's have finished doing what ever they were doing and this can now move forward. Only time will tell.
If you look at some other shares with back ground sellers you might see a similar pattern. so AT's could be market makers using algorithms to work the sells through. Just my opinion, but if anyone knows for certain i would be interested to know.
Tight spread now 5.00 vs 5.06. Hopefully tempt the buyers back. Got a few more at 5p just after 2pm so hoping this will finish above 5.2p today.
just over 5p to sell now. Interesting
As with many Aim shares these days there are probably lots of coordinated groups playing games, add to that the MM's and traders all playing their games. For the rest of us its all about trying to follow the games, which is difficult, as there is very little light to let you see where the ball is. So if you want to play you need to try and follow the players not the ball. Hoping this is trying to form a base around 5p for next shot at 7p. Time will tell, try to enjoy the game otherwise its not worth playing.
Anyone else think there is a background buyer at the moment. MM's are offering a good price to sell
Watch you don't get left behind here its 5.37 to buy now
Taken a few more this morning. I was hoping to get them at 1.10 but no luck so had to pay 1.15. Anyhow its 1.2 to buy now so lets see how it goes. Sun is shining, have a good day folks.
A little disappointed with todays news but a great opportunity to grab a few more. The deal is still on the table so that's all good. From my calcs there are only 75m shares available to PI's ( 53% institutions - 21% private company's - 25% PI's and 1% for the BOD ) please correct me if this is wrong. Bought 150k this morning at 1.25 and will do the same tomorrow or Friday if the price stays the same. The company for me is worth considerably more than its current market cap so i will keep buying. Would be nice to see the BOD buying a few at this level don't you think! Anyhow i'm at 1.5m at the moment and hoping to hold 2m by September if the price stays this low. Wish me luck, i might just need it. All the best to the LTH's, lets hope it pays well when the deal is finally completed.
Some interesting reading regarding why the Chinese Government have been slowing down the rate of approval relating to deals such as this one.
lets hope that Government approval is finally granted and Ruyl and Bagir get the deal they are after.
https://www.globalcapital.com/article/b1dpz2yy0vcts2/china-levfin-hopes-rise-despite-regulatory-woes