Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Those were the 390K of AT trades which were bought Wednesday afternoon of a week ago when the AT traders thought there was an RNS in the offing. Unfortunately for them, the RNS was only an Exercise of Warrents RNS so business as usual as far as the smoke and mirrors AT traders are concerned. Watch out for the next they buy the shares back!
Hi BB, to the best of my knowledge it only applies to director's on the Bod as they are likely to be up to date with news and could then be accused of insider trading if sp changing news was RNSd. Past directors, of course, would have not much more idea of what is going on inside the company as us mushrooms. However, I suppose if someone had left in the last month it might be argued that they were party to inside information, but I would have thought if that was the case the recipient of the shares would then have to be named.
Only Directors are subject to the 30 day rule. If yesterday's options RNS had been shares for a member of the BoD then they would have to have been named in the RNS. As the shares went to an anonymous party, they weren't for a Director, so business as usual and so no disruption to the news flow! (What news flow! :( :) )
Hi Southern, they tried it Friday a week ago and they waited until after the weekend to cancel it. As the big players are in charge at the moment, due to waiting on news, they seem to be able to do what they want, so, an apparent large sell to undermine shaky holders, which then gets cancelled, is probably par for the course What was interesting, however, was the 330k of shares which were suddenly bought up in a number of AT trades around 4pm last Wednesday, as though the AT traders were unraveling themselves ready for news. If I thought the FCA had any teeth I would report the lot of them, especially when in the past the AT traders have used blatant signals to move the Bid and Ask!
One North Sea gas field providing 6% of UK gas, co-owned by BP falls foul of US clamp down on Iran. http://www.cityam.com/286190/bp-defers-work-iranian-co-owned-north-sea-gas-field-awaits
Could easily get cancelled like the 400k trade! Hi Echoes, I can't give you an educated guess but my fanciful guess is news on the stacks tomorrow or Thursday, almost immediately followed by an RNS to say that De Nora are buying 20% of everybody's shares for �1.80. :)
Good job Algy didn't follow through with UCG. Linc had a UCG project going in Australia, not only did they contaminate the surrounding land they made such a mess ecologically that they went bust owing millions in compensation, and the authorities are chasing a number of the directors.
Exact same drop with CLNR today. Just in case anybody missed it O&G Authority tweeted this yesterday; "30th Licensing Rounds coming soon" https://twitter.com/OGAuthority/status/997116869634076672
I don't know whether this has been put up since he updated his LinkedIn page; https://www.linkedin.com/in/richarddunkley/ I suppose this might come in useful . . . "Wide ranging experience of buying and selling companies, including the disposal of NB Real Estate Group to Capita Plc in February 2010."
If AFC got bought out I doubt if Howard White and his son or Ervington would let it go for peanuts. AlterNRG with iffy tech, a previous RA investment went for �4 from a base a tenth of that and that was sold to the Chinese. More likely De Nora buy in and they take a 20%-25% stake and possibly a few extra million shares priced at a premium to where the sp is now. That's what I've been thinking anyway.