So it looks like we have some sceptics out there that have been brought out by todays great day of trading.
This stock like many others out there is a speculative stock, by the very definition of that, it means that there is risk involved - WE ARE ALL AWARE OF THIS.
This stock however has a big upside, it now has a strong management team and is looking to break into a fantastic sector. I think the management of SSS were due credit from the day they acquired the coal project.
With the new name which will soon be passed at the AGM, I can see PAN ASIA moving very far from the current levels of 2-3c.
The VWAP of 2.35c today showed great support and strength in the SP. Everyone knows that there are going to be profit takers as there were in the last half hour of trading, but the big buyers weren't perturbed and still went in and paid up to 2.6.
With a current MC of $17M, this is still very much a junior and at these levels imo it is a bargain.
ONE good announcement and this will be going skywards.
So, BionicBoy, JamesX and whoever else out there that doesn't believe this is going anywhere, lets meet back at the end of the month and see where we are at....
JS
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