Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
shorters getting a tad desperate. another big % move up tomorrow. could sell but not buy for almost whole trading day today. big delayed buys 50k and 25k
hope the directors are not selling
the statement over at GUSC today (Marcus Yeoman) doesn't really inspuire confidence though ... "Currently the Company has not substantially implemented its Investing Policy to the satisfaction of the London Stock Exchange and Guscio may therefore become suspended from trading on AIM. The Company has been actively looking for complementary acquisition and investment targets to Sportsdata in the educational technology sector with a view to making further investments in accordance with the Investing Policy and to achieve certainty regarding satisfaction of implementation of the Investing Policy in accordance with the AIM Rules. While the Company has undertaken a significant amount of due diligence and negotiations are advanced on a number of potential investments, there is no guarantee that a transaction will be completed. It is, however, envisaged that any future transactions, being acquisitions/investments, fundraisings, or, any other corporate activity, may require the issue of new Ordinary Shares. Accordingly, the Company is seeking new general authorities for the issuance of Ordinary Shares now, such that it provides the Company with flexibility and agility to more readily proceed with potential transactions. "
volume completely dried up now so perhaps no further gains after all ...
I see there were smallish buys paying 36p and 37p when the spread was 33-35p so I think there may be some more upside here today and continuing into next week as the news is digested ...
the old delayed trade trick, 25,000 buy at 36.9 showing as a sell
not much to do with hotels going forward I assume ...
up again. I spot a trend ... ;)
Odey 21% yesterday 25% today !
think Odeys net position increased due to cfds - see bottom of rns now at 25%
looking at the recent trades it seems some large buys in 100k multiples and the sells are smaller. mkt cap still tiny for a company making such great products but their financial management has bee poor. however they hinted at improving receivables so lets see
nice move. no stock available. no doubt some buy trades yet to show...
relatively small trades send it back up - would be interesting to see if there are any large buys in the background, anything over 1m shares and confidence will be boosted ;)
this is the only part that worries me a little As set out in DQE's announcement of 9 December 2014, in order to align the interests of shareholders in DQE with that of the holders of the Bonds from time to time, DQE Mauritius has undertaken to OCP Asia (Hong Kong) Limited that it will use its best endeavours to secure a merger between DQE and DQE Mauritius and a cancellation of DQE's trading facility on AIM ("Merger & Cancellation"), before or concurrent with a 'qualified liquidity event', as defined in DQE's announcement of 9 December 2014. This includes procuring the issue of a circular and convening a meeting of DQE's shareholders, procuring a recommendation for the merger and cancellation from the Board of DQE (subject to their fiduciary duties and compliance with applicable laws) and taking such action necessary to enable the merger and cancellation, which would be subject to compliance with the AIM Rules for Companies and the UK Takeover Code. Further announcements in this regard will be made when appropriate.
The Company is making progress with the recovery of receivables. As at 31 December 2014, the amount of outstanding receivables due for payment for more than 360 days stood at INR 2067.6 m. As at the first week of February 2015, DQE India had recovered INR 326.63 m of this sum and another INR 300 m is expected to be recovered by 31 March 2015. The Company has received commitments from certain of its clients which lead the Board of DQE India to believe that it may be possible to significantly reduce old receivables by September 2015.
"too soon" ;)
think a few will be regretting selling out to soon here. Definetely a shift in sentiment. Any good news should see a sharp re-rating imho
the marketmakers taking advantage of those trying to daytrade this though, seeing some big losing trades
trades going through at well over ask - that says it all really, MM trying to hold it back. Wouldnt be surprised if that 1m at 3.9 is a delayed buy from the other day given that the larger buy was at 4p