PNA 0.00% $1.84 panaust limited

copper bounce?, page-19

  1. 360 Posts.
    Superox "how you manage to buy at 15 cents is amazing.. :)

    During the GFC it went down to 8c I remember it well as I bought at 13. Thought oh crap! at the time. Copper was nearly $1 a lb. That was pre consolidation so 8c x 5 =40c in todays price
    Seems that PNA is still volatile but has even back then was regarded as a well run company. I bought back in at $1.50 and plan to keep topping up around that price as I think it is great value.
    Just my thoughts as I am no expert though one thing I have noticed that if a company starts out wrong it never seems to get it right. It really does come down to the management.
 
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