Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Hope its not a case of company surviving and prospering but current set of shareholders being completely wiped out.... debt levels are so high its just a binary bet now
sorry wrong board!
some cheeky day trades in there today 8,698,872 buy 8am and sell 9am
tight spread buys at 13.94 and sells at 13.875
Redacted ? Please explain ...
Back in and enjoying the rise ;)
nice move today
not sure about MBO But they had plenty of cash at last results. Funds were raised at 5p. All depends on continuation of improved business results as outlined in last trading statement
workover - indeed, resident rampers are to be ignored. But remember this is not a microcap share where a few individuals can manipulate the shareprice, so that shouldnt influence your decision to buy or not IMHO its a gamble, Apple loss is fully priced in, lets see if we get any positives from here
www.benzinga.com/analyst-ratings/analyst-color/17/04/9266189/what-does-apple-dropping-imagination-mean-for-other-appl "With nearly $250 billion in cash, Apple could have easily afforded to buy Imagination" "... some analysts, such as Jefferies’ Ken Rumph, are speculating that Apple may simply be taking a controversial approach to an Imagination buyout. By cutting Imagination loose, all of Imagination’s Apple-related value immediately poured out of the stock. Rumpf says Apple may be intentionally “using the warning of cessation to depress its prey’s valuation (and emphasize its dependence on Apple) before pouncing.”"
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Nice AT buy volumes going through now
If IMG were taken over by another party, e.g Samsung or Softbank there would be the odd situation where Apple would temporarily be paying royalties to one of its main competitors ? Whilst there are legal implications of Apple launching a takeover approach after that announcement (and 64% crash in share price), could it work the other way round, ie IMG admits defeat and seeks to be taken over by Apple (or offer itself up for sale to any other party too in order to get price). Management have to do something to restore some shareholder value surely ?
Now that we're all pessimistic again, it might just go up ;)
747k and 180k buys in clsoing auction
issue with this kind of company is that digital revenue growth is never enough to compensate print decline.
declining business and net debt is 10x profit before tax ?
Yes Art fairs is their main focus these days. What this contributes to PAA though ... answer = ZERO
Happy Birthday. Seems we are all getting a present today ! Nice move yesterday and now again. Likely CA adding ?