Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
I noticed this on ACAST website "Acast’s patent-pending technology enables them to interact with podcast creators in new, exciting ways, following and sharing moments from their favorite shows." Have AB got patented technology?
Meitu- insane valuation on new IPO. "Still, an IPO is the best choice for Meitu. Given the tepid fundraising market in China, it is very difficult for the company to raise more money at a valuation higher than $3.7 billion through private placements. That, coupled with investors’ pressure to exit, is leading to Meitu’s imminent public debut, Xu say". Sounds to me that the only winner in this is the original investors who wanted out. Not sure the relevance to boom. They've already listed.
"The Dunning–Kruger effect is a cognitive bias in which low-ability individuals suffer from illusory superiority, mistakenly assessing their ability as much higher than it really is". I think that can be applied to alot of posters on here!
BDMP, that's what I like about you - I learn something from you! I will google Dunning-kruger. You are a clever chap. Far cleverer than me. I just read so many posts on here that make me think the share price should be higher and it isn't. I'm just trying to get my head around why? We have come down from 16p to 2p and why? Why is the market valuing this company at 2p and why would it not drop further?
Ok chaps. I'm signing off. I predict that this will hit 1p within the year. And before I get shouted down...that's not a deramp...just what I think given past performance. Nothing will keep it up. Nothing is stopping it falling. I think it needs to hit absolute rock bottom before the value starts to be appreciated by the market. We see it but the market generally does not see it and it can't be ar*ed to wait. The market wants this share at a seriously cut price and I think 1p is it, maybe even below that. Seriously - all the best. Over and out.