Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Me too. I was also temped to stay only looking at their positive financial data. Who knows what future will bring, but only good I think. It was worth a small punt only because on AIM small loss always possibility when we sell at the loss, just to buy in another better stock. Therefore at the end of the day few hundred pounds will not make much of a difference. The only thing that worries me is that they do not have to publish their accounts after they become plc. So, I guess it will be pretty hard to know where they stand financially in the future. Or, I am wrong?
I truly believe that this will come out good and will be definitely holding on to my shares, even maybe topping up for a small amount today. This also explains why threre were more buys then sells in the past few weeks, as more experienced investors possibly knows more about this share. Please see below a very reassuring replay that I received today from Mr Ian Smith, which surprised me how prompt this reply was, as I only e-mailed via their website yesterday: Dear .... Thank you for your enquiry via GTE’s website. As you have seen from the recent announcements made concerning the company’s recapitalisation, the company’s shares are to be withdrawn from trading on the Alternative Investment Market (AIM) at 7:00am on 18 April 2011. The company will also re-register as a private company on or around 18 April. Following the delisting from AIM and re-registering as a private company, your shares will still be valid but it will no longer be possible to trade them on a regulated market. The company will operate a ‘match bargain’ trading system to allow exiting shareholders who wish to sell to be matched with other shareholders or investors who wish to purchase shares in the company. However, this system is by its nature less liquid than public trading on the AIM and the company cannot guarantee that all shareholders can be matched to appropriate buyers and/or sellers. We are unable to offer investment advice, but clearly you have the option of either retaining or selling your shares. If you should decide to sell, you can do so prior to the delisting through AIM or subsequently via the “match bargain” facility. If you need investment advice, please contact your bank or stockbroker. Any further news regarding the Company will be published on its website www.gtefficiency.com. Kind regards Ian Smith
And another interesting one: http://www.investorschronicle.co.uk/InvestmentGuides/Shares/article/20081229/0b869f4c-d028-11dd-ad95-00144f2af8e8/Make-money-from-your-Aim-disasters.jsp I hope it will help you to make the right decision, as it helped me.
An old article, but very informative. http://www.mandadeals.co.uk/entrepreneurs/1065187/looking-for-life-after-delisting.thtml I think I will be holding mine. Also, very well said Andy, I am totally agree, as after some research I know more about this subject.
What will happen to my shares that I hold after 18th April? I am with Halifax and still believe that this company has future, therefore would like to hold, but never have been in this position before, therefore not sure if I will lose my investment which isn't big (£500)? Any advice or discussion is welcome.
Few web recommend this share as buy? http://www.britishbulls.com/StockPage.asp?CompanyTicker=GTE&MarketTicker=Industrials&TYP=S http://www.barchart.com/opinions/stocks/GTE.LS barchart shows signal buy after the 17-18 April..
Does anyone have a clue if this share will bounce back up again? Does it mean that the last day we have to sell our shares is on 17th April and after that day no trading will be allowed? Any views are welcome.
Preliminary 2010 TCLARKE PLC Earnings Release http://uk.reuters.com/business/markets/earnings
(Tentative) Interim 2011 PURE WAFER Earnings Release - ESTIMATED http://uk.reuters.com/business/markets/earnings