Has anyone read the report from Credit Suisse where it values PNA at 48cps? While the commodity asssumptions seem a bit low to spot (but it's more a question of where prices are going to settle), they highlight that developing PK is likely to be more difficult than what is appreciated by the market.
Credit Suisse isn't a small town broker, have they missed something or are we all getting too caught up in our own vested interests? With the run this stock has had, it wouldn't surprise to see it off 15+% and you don't want to be that last gump playing the game.
Don't get me wrong. good story, but everything has a price. Any thoughts, much appreciated
PNA Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
