Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Yes, it usually does move in tandem ... but every so often the markets do not mirror each other either due to the exchange timing or news coming out at a time that is more beneficial to one of the markets and this creates an arbitrage opportunity.
Hi B-of-B ...
No, not direct marketing as such ... airtime in terms of the name being mentioned on conference calls and during virtual seminars, while very large international banks are part of the discussions. there is a VERY large inventory of oil-goods out here that can/will be monetised to invest in non-oil goods ... also a strong relationship here with Asian economies and those are the markets they need to tap into alongside the US to even start seeing the full picture.
Its early days still ... so I'll leave the ramping to others who know far more about the estimated numbers than I do ... but if the model gets the required approvals and buy-in, it has incredible growth potential.
Morning Owen ... I've had quite a bit of experience with the ADS/ADR conversions.
The biggest plus is liquidity ... the US market will have much higher volumes than the UK / AIM market ... but the US needs to learn much more about Silence before it gets on their radar ... so the good thing is that they are doing a road-show and spreading the word in the US ... this should bring investors on board ... ideally we need the IIs in ... the likes of Morgan Stanley, JPM, Goldmans ... then it will move !
The other thing to note is that its 3 shares per ADS ... so trading at about $19 per ADS ... not cheap for an unknown entity ...
Investec / the investor team need to get going in terms of marketing all the new findings. There are a lot of positives!
Good luck!
100% agree Kyle ... everyone is here for their own reasons ... some believe in the business model (me) and some are here to make a quick buck ... personally, I think the 1000% in a month ship has sailed, so for those that are after that, sell up to the believers and move along swiftly.
I very sadly missed the big bang and only only got in at 0.54 ... but I will be very long term holders ... I live in Abu Dhabi and this model is getting serious airtime ... its still unique and ahead of the game in terms of competitors that might copy the model. I'm not too sure about all the share price estimates ... that all a guessing game ... but one thing is for sure, it certainly hasn't reached its full potential yet.
I'm not going to be on here begging for a RNS every day ... but I will pop in to learn from and , laugh with/at all those with an interest (positive or negative) about SYME.
Good luck all !
Let's hope it get the momentum now. Very good volumes already today. With the NASDAQ listing it should go now.
Don't take any money out of SYME ... but I like to share good stories ... so if you have some spare cash look into SLN (Silence Therapeutics) ... its an AIM stock but going to list on NASDAQ today for the first time ... it could run hard if the US buy into it.
Don't be shy to share the love this way if you see a good stock that's going to run soon!
3 RNSs full of good news ... hopefully this now gets the momentum we've been waiting for since December.
Great to see SLN listed on Nasdaq now ... same ticker ... know it’s not live/trading yet ... but just good to see it must be very close!
Hopefully the dual listing gives the UK shares a boost in terms of volumes and then price.
Agree ... it’s as dodgy as you get. No one takes much notice as it’s on AIM ... surely once it’s on Nasdaq (hopefully next week) the trading on both exchanges will be scrutinised.