Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Has anyone seen the interview that TW did with SA? I thought it was scheduled for yesterday. Did it go ahead?
Oelric (or whatever) You really are quite thick aren’t you! If you can’t see that a 164k shift that drops us 6 points is a deliberate market maker play then you should stick to Lego or something a little less refined. Those of us who pay for Level 2 access can see precisely what’s happening and it all market makers (same all week) looking to bait the weak into selling low so they can sweep stock. If you listen to TW ‘s Bearcast you will have heard that Winterfloods were hunting to buy blocks of 1 mill shares from Opti. Do your homework muppet.
That's a great article!
Oelric (or whatever rip off handle you're using today). If you can't see that the vast majority of todays movement is Market Makers then you really should go and play with your train set. Toyin has made his statement and it's a solid one in my opinion and I'm in for exactly the same reasons. You don't hold any stock here so get back to the sand pit.
There is some serious nonsense being written on here today. Clearly from some without any experience whatsoever. Let me give you a fact, you simply cannot raise EIS/VCT funds and use them for an acquisition, it is illegal and SA / MR would know that. They simply mentioned in a trading update that they were pursuing an accretive acquisition opportunity. SA headed the M&A team at Smith & Nephew and again at BSN Medical so it clearly isn't his first rodeo. Please stop speculating, it doesn't help anyone. @Belgrano you are making very clear slanderous and defamatory statements about individuals and a board of directors on a public forum. I, for one, will be reporting your posts (again). In fact, if SA does read these boards (and I am informed that he does not, and rightly so). I would urge him to take direct legal action against you.
Oelric (or whichever of your many pseudonyms you are using today) I will give you courtesy of a reply once and once only before I filter you yet again along with the other trolls that’ hold no stock in this company. I can assure you that I don’t live in a council house but if I did I would find your comment quite offensive , but that’s exactly what you set out to do, cause division and disruption. I fundamentally believe in the core science here. SA once and that the path of complex science is never linear and he’s absolutely correct. Believe me I would know. Your protestations are little more than rants. Toyin is, as usual, correct. SBTX is not a B2C business and deftly modified its strategy whilst other procrastinated. I for one have faith here and as I have said many times before, somethings are worth the wait. I wish you luck in your investments, we all need a little of it. I will continue to hold, whether you believe that to be foolish or not. I have done my research and have done it well. I suggest you do likewise.
Then for the love of all things holy please move on and leave us in peace. You are a troll of the highest order who never posts anything more than slurs. Those of us with patience and belief will hold. Some things are worth working for.
I would say there's no leak, just a new tax year. New ISA allowance etc. They've never leaked before, can't see them doing it now.
And there's Phatstyle off again. Go back and look at all of his / her previous posts. Was paramount in ramping this stock all the way to a (probably too high) 80p peak. Then as the stock undulates (and sometimes falls before news) is off once again personally blaming and slating management and everyone other than his / her own investment strategy. You said you had sold up? but you still return to make more trouble. What a sad life you must lead to use your spare time to snipe and troll on these boards on a stock you are no longer invested in. Take a chill pill for Gods sake.
I see the haters are out in force at present. Why do you torture yourselves so? How can SA issue news if he is bound by confidentiality agreements that would land the company in trouble if he broke them? He’s said on a number of occasions that Croda play their cards very close to their chest as they’ve been burned by small cap companies that are hungry for news before “. Secondly, something like 80% of all acquisitions never get over the finish line due to faults found in due diligence or stalled negotiations. They said they were “looking at an accretive opportunity”, they didn’t say they weee close to closing a deal. This is still a very small company in terms of resource and we all bought into the science and the management team as we watched them take the share price up to 80p. It’s the end of the tax year and many people sell down, there’s been warnings of a recession, fuel crisis, war in the Ukraine etc etc etc. I didn’t invest here for a quick return as I know that this will take time. Some of you clearly did just that. I don’t support everything that Elric says but I do think he does a decent job in getting answers from CEO’s that others couldn’t or wouldn’t. I also think SA is doing a decent job, he is the man that wrote the plan and took us to 80p. Let’s not forget how many options he has, he wants this to run to £2 just as much as any of us. Finally, the tone of this forum has become more and more aggressive. Former rampers who ramped from 16p to 80p are now screaming as they’ve ran their mouths off to family and friends about quick wins. I am personally happy to hold as I know that the science works and, having met SA a few times, believe in the long term vision and values. This is not a ramp, it’s nothing more than my personal opinion for which I really don’t wih to receive abuse for. GLA,
@Belgrano, so let’s make the logical assumption that SA has had to sign a tight confidentiality agreement with Croda that forbids him / the company from divulging any confidential information until given permission to do so. You still want him to make an announcement to appease you? And in doing so run the risk of blowing the programme? Let the guy do his job. You know for a fact that if he could announce something then he would. If it’s material / price sensitive he has to do so by law. Good, bad or indifferent. You clearly don’t have the patience for this stock, or indeed any tech / science driven stock that requires patience. IMHO some things are worth waiting for.
Farris, at what stage was it ever said that SA “could have done a deal for Woundcare but didn’t” more scaremongering and lies. To my knowledge it has never been said. I know they are working on it but by definition of the science that must be a very complicated deal to pull off.
Oelric, you’ve clearly never executed an acquisition. The lawyers tend to drive the timeline. Secondly, who said it was imminent? Scaremongering yet again. Belgrano - you are clearly in “trash talk” mode. You haven’t contributed anything of substance to this board for a very long time. PLEASE just sell up and go away.
You haven’t spoken sense for a very long time Belgrano. You’re simply ranting.
Well look at that, 6 thumbs up for Toyins post and not a single one for oelric. That’s because he’s so acerbic that everyone has him on filter which is precisely what I’m about to do. He’s pretty much talking to himself / herself.
Odysseus, have you noticed that nobody ever likes your posts. You are arguing with yourself. Please do us all a favour and just go away. You’re nearly as bad as that idiot Phatstyle. You’ve clearly never run a company or read a set of accounts
I think what some seem to miss is that the stock was placed at a premium with institutional investors. Even at 16p the REX is still attractive as it’s a price that’s locked in until the funds have been approved and voted in. That means that any upward movement between today and the general meeting is a gain. If any acquisition or Croda news is opted necessary then and the price jumps them that’s a locked in gain. Just a thought. GLA.
What a stupid statement. You’ve clearly never managed either a plc or a fish and chip shop. You will be looking rather silly if his plan is even 20% correct.
There you go! Placing all done at 16p. Hardly a discount is it? All directors participating and looking at the amounts they've been capped, the CEO and the CEO are both identical amounts. In a recession and at this tie of the year that's a good result in my book. Enough cash to continue development and business whilst awaiting Croda revenues which we all know are coming at some stage. The thing is, they have way more headroom in EIS and VCT availability than this so they have chosen to only raise £2.5mill. There's a clear reason for this amount and the clues are all in yesterdays results. Join the dots!
thomascromwell “Ashman has cratered the share price” are you for real? He is the reason we hit 80p not so long back. He hasn’t done a lot wrong in my opinion. We are officially in a recession and he has no control at all over Croda and can only report what he’s told. AxisBiotix-PS was launched more than a year ahead of schedule in the middle of a global pandemic. He clearly is hand tied in what he can say about any potential acquisition but given his background isn’t it likely that it’s something that will assist in bringing a multinational to fruition whilst bringing revenue and profitability too? The words are all there in the releases. I don’t know if he reads these boards (and I sometimes wonder why I do) but he probably shouldn’t as there is some real nonsense spouted here that has no basis in fact. I think many haven’t even read the releases in detail. I don’t like to be diluted at all but it’s not like this company has billions of shares issued. The placing was done at near enough to the SP so no massive discount either. My guess is that this raise fuels the closing of a deal / acquisition that would require legal bills. But I’m guessing, after all, this is AIM and we all know the risk / reward rules here.