equity raising @ 10% discount to market, page-23

re: revised maths while i think PNA has the possibility of going 20c-40c long term if things work out
right now i'd be confident in saying that it'll retrace back to 5-6c range
this raising may pull money in but if the stock price starts dropping who can say whether it'll be supported or whether the new holders will sell to stem loses?

i wont be taking up the issue yet, a few hours ago i would have but seeing the amount of support its getting it seems a little to premature, i think i'll wait for the retrace....may take 3-6months
having said that i didnt think i'd stay up at 10c for this long