Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
60p is a very low target price, thats where it was before COVID and it was undervalued then!!
where is the old boy this afternoon? feel like when he/she/it is this quiet is when there could actually be something wrong lol
I think this definitely has to be viewed as a positive, as I said yesterday my main concern was the cash position but this had already improved over £0.25m from the £0.1m as at 27/03/20 and the placing now puts it in a great cash position. Looks like cashflows are improving and the placing has boosted that significantly. I have just topped up.
can someone please explain how two days now it has closed with significantly more buys than sells in terms of value yet the share price yesterday fell and today only just scraped blue?
two days in a row now that buying has outweighed the sells, approx £350k buys yday against £250k sells if i remember correctly, yet share price sacked. Buys this morning stronger than sells too, hopefully will be reflected in price soon
have not been able to buy on HL for last 30 mins
looking at gold dust's comments history it is clear to see that they thrive off deramping in a desperate attempt to get on strong shares seeing as he missed it originally, quite sad really! but you do you gold dust
no, arguably the largest concern is the lack of cash funding, however the fact that the BOD are paid in shares means that is highly beneficial to the cashflows of the business. That in my opinion is a key factor, warnz is also correct in the fact that clearly it provides an incentive for management to perform well imo.
There is a lot of hate for MOS in last 24 hours, and I think a lot of these people clearly are new here and have not done research, not read the latest RNS, not listened to the presentation etc. Since the new BoD it's been positive, new NET deal was successful which proves new data stream product is effective. This landed an additional deal as well due to the success of the first, both of these contracts have not been reflected in any results yet so please stop looking at latest annual accounts as it is a completely different company!!
The fact that the concern of lack of cash flows its not too severe a concern as they are debt free which is a massive plus. Also bear in mind they have the database of accumulated information over 15 years. This is a great little company that is undervalued, especially when you look at MTFB yesterday and compare.
care to explain how investing in an extremely undervalued, highly prosperous debt free company is gambling mike?
is this all because of RTO?? really?? £7m seems excessive
WBJ, is the 40% increase just an estimate or have you seen it discussed anywhere? I agree that you'd expect CAR to have a chunky rise but 40% would be brilliant
Sorry, I was not asking you to explain dross. I was just curious, the explanation is appreciated though. Strong bit of trading on your behalf, congrats.
he is mr dross on here, think he got on MOS when it was sub 20, interesting to know why he sold
quite the rollercoaster for MOS today to say the least
looking forward to tomorrow, expecting positive news and hopefully another contract. Great times ahead here for sure GLA
Thanks draft, do not worry I never rely on other advice when making a decision, appreciate you shedding some light on it though. I agree with what you say re RTO which clearly provides value but can't see what has caused surge in interest. Definitely one to watch as a minimum, thanks and good luck
do not know much about MAC, why do people seem to think it is heavily undervalued? can't seem to see anything significant to cause a surge in interest?
Annoying, tried to top up holding at end of day but not able to get a quote. Expecting strong bounce next week before AGM
yeah interesting comparison point you make TB. Unless I am missing something obvious there is no explanation as to how LIT has less than half the mcap of MANO. Surely only a matter of time until this picks up
not sure will hit 1p although I would love it if it did!! would take 0.5 COP