PNA 0.00% $1.84 panaust limited

Ann: Cornerstone Investor standstill obligation i, page-22

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  1. 1,086 Posts.
    re: Ann: Cornerstone Investor standstill obli... thanks stef and of course lordy - my grasp of maths was never that good

    i knew i had to be wrong - just needed to understand why

    you can never know just what those inscrutable chinese are thinking but commonsense alone would seem to say that you don't buy 19.9% of a company and after 12 months enforced wait decline the opportunity to pick up another 5%

    in an earlier post i alluded to the increased volume over the past week or so - i was thinking GRAM may have already started on the task

    my guesstimate was that volume was up by about 5m per day
 
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