20.5c is it cheap yet?, page-7

re: 20.5c is it cheap yet?/acturtle You're right. Also, I'd say that the only analysis that really supports PNA as a 'buy' is coming from GSJBW, which as the underwriter of the recent equity placement for which the market price was lower than the placement price - would have a sh1tload of PNA stock that it would like to offload at the highest possible price.

I'd say that would make the GSJBW analysis very very suspect.

I held PNA through thick and thin, but I have just sold, because in my mind the risk does not justify the potential return.