Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
wow lot of buying today (for this share anyway!) looks like news is soon!!!
he only really has one day left i would say. We are due the CE news next week at the latest. Expect thursday and friday to see an upturn incase new arrives early. Which means Radley will be going into overdrive with his deramping today. How anyone can think the sp will drop by 50% in the next couple of days shows how thick he is :)
Now it is done and dusted can we all move on please. My final points on it:
1) The placing was done at the price the sp was at the time. They cant help it of the sp rises the next couple of days
2) it is not going to go down to 80p
3) the smart thing about it was it was allocated to existing holders. This means there will not be a mass sell off.
4) Even before they are issued we will have the main couple of bits of news that will make the sp go higher than it has been.....the CE news and news of orders. This will come well before the shares are issued. The sp is only going one way now.
I expect it to pick up over the next couple of days. CE marking is confirmed for w/c 18th.....but really it could come anyday now as i imagine it will be pushed through asap due to the circumstances. Once approval is through they are ready for manufacturing and distribution straight away.....said by the CEO himself. A lot of news coming in a short time frame. It will move rapid before the news breaks so not one to be out of. You can already see the difficulty in buying shares in here at times and that even before the news hits.
Just sitting having a gin and tonic and thought I’d see if anything is happening on here......low and behold Radley is at it again. Gutted the price recovered on Thursday he’s started again to try and get the price down on Monday. Obviously didn’t get his buy in. All the new investors remember there is only one reason people like him are here. They want to invest and they will do whatever they can to get the price down. They wouldn’t be here if they weren’t interested in the share so take comfort in that and that he is a sad individual that has nothing better to do on a Friday night than spout rubbish on here. Now stating they don’t have any materials other than the materials they have bought for 6 million tests. I find it quite reassuring they think they are going to sell 6 MILLION tests to be honest. And if they have managed to get materials for 6 million tests this quickly I doubt they will have a problem getting more. Clutching at straws now Radley.
think that lifting of lockdowns means the virus threat is less. It is the exact opposite. As soon as people start moving again infections are going to be on the rise. This makes the need for tests even more important. Especially simple, quick tests meaning they can quickly determine who is infected then trace. This is what GDR offers