Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Well, the adwalker website suggests this N Berry has spent 13 years in technology sector after spending time with Accenture. However, if you'd been in Eastenders/Heartbeat and released at least eight of the top ten worst British singles of all time, you'd lie about your CV as well. Tellingly there is no photo of him on the website. At 0.08p, this share is worth more than one of his albums on Ebay. On a serious note, the Adwalker technology seems to be grasped by a large number of big companies. They are operating at a loss, but for now, the banks are content with the £250K overdraft they operate within. They need a big JV
I don't know how comforted I should be that I now own more shares in this than half the Directors! Almost anyway at 0.17% of the company (for a measly £280!). No way I'm selling at 0.10p. I am consigned to either losing my meagre investment or taking no less than 1000% profit.
Good point - I haven't eaten either today what with my new obsession with AWR (which rivals my smallholding in NPH). So to avoid becomng Death I am off for tea
You're spot on Mr F. With enough of a mob mentality (combining the forces of golf and the apocalypse) we should be able to drive this share northwards. Before today, there was only a few trades a week. Mind you, at one point today, this company was only worth £80,000!! We should have organised ourselves better and just bought the thing. Between the four of us on this board (winsome, Nottspie, you and I) we could have ridden in the like the proverbial four horsemen of the apocalypse.
or that there is a golf sale on round the corner
think I'll probably unjustly and entirely unfairly take credit for this one (suggesting at lunchtime that this was the new IHGP seemed to bring out the loons!). I went on the awr website and saw what I thought was the most ridiculous advertising idea ever. People hired to walk round streets with TVs straped to their t1ts. In this world, that's got to make money!!
Had faith all along in this disgrace of a share...now in profit. A very amusing afternoon's entertainment
...I have just averaged down. I think I must be drunk. Now hold 450K at an average of 0.6. Now put this away until retirement (although something is clearly going on to suggest to me AWR may not survive the week let alone till my retirement)
admittedly, I did think the fun would last longer than this!!
OK, I'm in with a measly £200 which buys me a delightful 173K shares - got in at 0.11. The only reason I can see this dropped by 45% this morning was because there was one sell of 3 million shares. Since then a few of us on here have bought a little bit and that seems to have taken the price back up. Very small volumes of this are traded so it is quite volatile. My research took 20 minutes and comprised surfing their website and reading their last results. Summary - stupidly cheap but a massive gamble on survival - however, for £200 its a fantastic bet in my humble opinion. and this will be a bit of fun too
the new turd? Personally I think adwalker won't catch on myself (don't know who walk around the streets with a TV strapped to them), but then again at these prices, might be worth a punt and only 218M shares in circulation so just needs to be taken over at a tiny price to become a multibagger. However, try as I might, I can find a reason for today's huge drop? Any ideas anyone??
Spread percentage is the difference between what you have to pay for the stock and what you can sell it for. In the case of NPH at the moment, the sell (bid) price is 0.05 and buy (ask) price is 0.07, which is a diference of 40%. Except in unusual circumstances, the buy price is always higher than the sell price. This spread is large compared to blue chip companies but not unusual for penny shares
Is this not what you're looking for?? PREMIER OIL plc Proposed $505 million acquisition of Oilexco North Sea Limited ("ONSL") (in administration) and rights issue to raise £171 million 25th March 2009 Premier today announces the proposed acquisition of ONSL for $505 million together with a rights issue of New Ordinary Shares to raise approximately £171 million (approximately $252 million) (the "Rights Issue"). Premier has today also released its annual results for the year ended 31 December 2008, contained in a separate announcement. Premier has agreed to acquire ONSL, an oil and gas exploration and development company with interests in the UK North Sea, for $505 million in cash. The acquisition has a compelling strategic, operational and financial rationale and represents a significant step change for Premier will provide Premier with a complementary asset base in the North Sea, balancing the group by delivering critical mass in a second core area in addition to Asia will provide Premier with an additional 60 mmboe of 2P reserves and contingent resources at 31 December 2008 (of which 40 mmboe is expected to be bookable to 2P by Premier) and unrisked reserve potential of up to 385 mmboe across 15 exploration prospects will enhance Premier's current production, adding an estimated 13,700 boepd of working interest production in 2009
Just posted this on VGM chat board but maybe should have put it here. To me CGM looks a better bet than VGM. VGM has 20 times the number of shares in circulation so when demand for the shares rises, we're not going to see the same sharp rise in price. But I agree that VGM is in a better place in terms of production. It strikes me that one of the reasons that SOLG rose dramatically was the limited number of shares in circulation against the backdrop of huge and sudden demands from investors.
Now that is a joke! And it's been like that for ages - anyone shed light on the reason why its that big or why the SP is getting tanked today?