Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
No wonder why most small traders lose money!
All technical aspects of this company chart are exhausted. All what is needed now is an RNS and the price will fly.
2017 high trace back is well overbaked. There is a good move up coming.
This will be by far my best share to invest in this year. However, I am waiting for the price to reverse back and hit my limit order for entry. I know it will take a while for it to be hit... I am in no rush!
Don't worry about the daily,weekly or even monthly price move . The price will move up and reach it's target in the long term. This type of play is not for the short term.
Get out and enjoy the sun ... vitamin D is far more important than price fluctuation.
I will post again when my target is reached or if I changed it to a higher number.
Just keep to your promise !
Your forecast is based on what?
Yes, my target is 8 p with the proviso that it will not be reached by tomorrow.
This a year plus play.
In.
Step 1- Will fly to 1p as a first step; reverse for a bit,
Step 2- 3P than small reversal
Step 3- 8p
Exiting ride ahead.
Sorry for the typo, I mean't he's a friend of.
Spot on. This is how he'll get 100% control at 0 cost to him . Don't forget his friend of the conniving David Fatty Lenigas.
John is buying.
Just don't sell, sit and wait until the company get delisted. Eventually you'll be approached privately by his solicitor to sell.
Be cheeky and ask for a price equal to 10 years discounted future cash value .
This is what a legal white collar theft looks like.
Based on the £7M Cash, the share cash price is 1.23 p. However, John is looking at buying the remaining shares at a price well bellow that. He could be aiming at paying no more than 60p for every £1 cash at the bank, which is no more than 0.74 p per share.
He's total ownership of the company is approx 53% ;which is roughly £3.7M of the cash, However, he could be looking
at buying the remaining cash of £3.29M at the price of £1.98M .
This how the game is being played behind the scene.
We will get an RNS in the next few days saying that John Gunn purchased some shares at the lowest purchasing price of the day.
Basically for 0 additional costs to him.
They are not destroying their own shares, the aim is for John Gunn to buy the whole company (100% control) at the same price as the cash balance.
Please don't sell bellow the cash balance . This is the pure definition of a criminal act, the broker and John Gunn are both in on this shameful coup.