PNA 0.00% $1.84 panaust limited

extra $8m cash in the bank, page-2

  1. 13,971 Posts.
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    Cashew,

    Imho they are likely to find a buyer(s) offmarket for the entire parcel. Even if they sell onmarket I am sure they will want to optimise their return, and not dump them.

    As for making a killing at our expense, well that depends whether you bought before or after the announcement. I've only bought since so I can afford to ignore, otherwise I guess I'd just have to be philosphical and satisfied that I still had a compny due to management willingness to swallow a dead rat for me.

    EL
 
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