PNR 2.25% 8.7¢ pantoro limited

Ann: Appointment of Chairman, page-38

  1. 3,090 Posts.
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    @Fengels

    The expected return has already been adjusted via a lower share price and greater road to recovery. Also adding fuel to fire is larger dilution which have also lowered overall share value. I am fortunate my holding is small but as a long term holder im disappointed at current management because as an owner I have lost half of the value of my assets. While 20-30c is somewhat of a speculative, I thought they would have broken this barrier getting a mine up and running. This is turning into the classic "penny dreadful". Hopefully management will sort this out, but with an eroding share price on the back of no news I wont hold my breath. Last time erosion occurred it was followed by bad news. Usually some (employees) would have some insider information (poor collection) and words spread.

    Last edited by Kevo88: 24/02/20
 
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