Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
News of Sales abroad has come and gone, and it didn't do much for the SP. We now await news on FDA, the stroke test, and further rollout of AIHL. Any positive news on FDA or the stroke test will see this fly. We hope it comes soon. If not, just sit on your hands and wait, this is a long hold so patience is needed. Hope everyone had a great xmas, and wish you all a Happy New Year.
Holding Firmly
One thing I've learned in my short years of trading, is never buy in on the morning spikes, always wait until mid afternoon when the price settles down. I've been caught out a number of times but I'm starting to get much better. I try not to get carried away with the early morning hysteria and buy in more towards lunchtime. Got lucky with this one, got in just shy of 25.
While your sitting, waiting, and hoping, have a quick look over at ARB one of my favourite stocks. With Bitcoin on the rise this company is rising too. Just had a cheeky flutter, something to brighten up the incoming New Year. Always remember..DYOR.
I have a saying, only buy cash if you can buy it three times. I'd plough a house into a stock if I had three houses and could afford to lose one. But to put up a house that you can barely afford, is downright stupidity. and you deserve all the heartache you get for being a moron.
I'll have to take back my last comment after having done some research on the company. The company only went public last year and I think right now it is trying to find it's support level. The company imo opinion is undervalued especially after having won there latest $35M contract. I think the company is worth at least double what it is today after a very productive and financially rewarding first year. Once the support level is hit then this will start to move up. Bags of potential with this company, I will be keeping a very close eye.
Hopefully we can find a big investor to invest in the company, so that we can raise funds and expand production, as well as keep the business going. That ridiculous 400,000 per month cashburn has to be seriously addressed by the BOD. It's about bleeding time they found a way of cutting costs instead of filling their pockets. Hope you get this message Mr Cheek.
Crazy not to jump in at these prices. If you know anything about this Share, when it starts moving up it flies. If it wasn't for the pending Fundraise I'm sure we would be 20p right now. Once we get that out the way watch this baby go, and those that dilly dallied will have to pay a higher price to get in.
Bod need to be reminded that a decent RNS is what will get the SP moving North. Surely they want as high a share price as possible, especially if there hoping to raise funds? The lower the SP the more dilution, simple maths.
"The AIHL test we are selling abroad, along with the software and training materials, are now available in each countries local languages. We will start seeing sales from these coming through from December onwards", said Mr Cheek.
We eagerly await news.