Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
I must say this doesn’t happen often, but it’s one hell of an experience riding on the back of a small cap stock. It’s like being on a rollercoaster, amazing. I’ve been in shares that move quickly but this one beats them all. It’s jumped 700% in five days, mind boggling.
I sold at a small loss here last Thursday and put the lot into HE1. Not only have I recouped my losses but making good profits, and it's still climbing. Sometimes you have to be ready to switch if the opportunity arises.
I'm expecting the SP to drop a bit now that we have CBs to execute. This can be offset by the cash Dermatonics generates . Once we can get accurate figures from Dermatonics, then we will know where financially the company is. We should get that information in the coming weeks according to SA. Expect the SP to drop some more. If it doesn't then market sentiment must still be strong around the stock.
Well done to the board, Dermatonics I'm sure will add value to the company and that will reflect in this years Annual reports. The SP has dropped a bit since the acquisition but that's to be expected. Once the market has digested what this purchase means for the company, that will reflect in the market 'value. Wont be long before this picks back up.
Sold for a small loss over at ENET and bought in over here. Time will tell whether I've made the right decision. Done a little research on HE1 and discovered that helium is a highly sought-after commodity in the world. Seems like a better option of the two.