Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Hi guys, very interesting day again, what an amazing entry price for those of us who are here for the long haul, some of us would have a lot of pleasure to see the sp rise, but if it falls, I will just average down and get this share at a bargain price, RR is a well renowned world leader in their field and will still be here for many years to come. GLA
Thanks for the reply, i would imagine this sp wil rocket, do people realise how big this is, well I bought in this morning, tab and good luck.
I am very surprised that nobody is on this BB, after Nokia's amazing news, am I missing something ????
Every article I have read by the motley fool crew, is total and utter rubbish most of the time and totally agree, whatever they suggest just do the opposite and save yourself a lot of misery GLA
Bline
Keep still blind lol
Go Hemo go, will be interesting this at 14.30 onwards and upwards GLA
Juyamah, I do not normally agree with you, you maybe right about a generous offer being made to us share holders, but we still have six months left in the tank ?
Good research BetterX, some nice big buys going in now, let's hope it will be a good day like it was yesterday GLA
Well done RC you predicted right for today's close, the MM's played this share sweet as a nut fair play to them, they shook that tree and all the donkeys followed them and sold or derisked, let's see what tomorrow will bring, but a good days trading overall, would like to say again GLA especially to us LTH
RC read this, INDIVIOR SURGES AGAIN AS JEFFERIES, CITI UPGRADE AFTER $600M SETTLEMENT
(Sharecast News) - Indivior surged on Monday as Jefferies and Citi upgraded their ratings on the stock after the company reached a settlement with US authorities related to its opioid addiction treatment Suboxone.
Indivior announced at the end of last week that it had agreed to pay federal and state authorities $600m over seven years and have its wholly-owned subsidiary, Solutions Inc, plead guilty to a felony charge to resolve allegations that it engaged in an illegal scheme to boost prescriptions of Suboxone.
Shares jumped 38% on news of the settlement on Friday and by 1130 BST on Monday they were in the black again, trading up 33.1% at 159.20p.
Jefferies upgraded its stance on Indivior shares to 'buy' from 'hold' and lifted its price target to 200p from 70p on the news. It said the initial market reaction to the settlement was not "reflective of the removal of this significant overhang".
It said the DoJ investigation and subsequent indictment have been a significant overhang for Indivior since its spin-out from Reckitt Benckiser in 2014.
"In our view, the $600m settlement is significantly better than expectations and covers off the additional related FTC and State subpoenas investigations. Furthermore, we see the payment horizon of seven years as comfortably within Indivior's means, even in our downside scenario."
Jefferies said it expects the focus to return to fundamentals and sees an attractive risk-reward, driven by long-term potential for Sublocade, which is also used to treat opioid addiction. It added that around $350m of available liquidity will likely put increased focus on capital allocation.
The shares were also upgraded by Citi, to 'buy' from 'neutral', as it said they were only factoring in minimal success for Sublocade and schizophrenia treatment Perseris. Citi lifted its price target to 165p from 85p
Would just like to say well done to all LTH, IMHO I think the MM's are playing this share at the moment but when our friends across the water start trading at 14.30 b st, this share is going to rocket GLA.
Can't believe that people are selling on a very good rns, I personally think that the approach SAE are taking is a very sensible one, Data Centre's require a lot of power and makes utter sense to build them next to innovate power stations, just wonder if PHE will do the same.