However, if I were the predator and I saw the huge organic growth within a company that is there for the picking, I would tend to take advantage of the situation and make a play sooner rather than later.. That is the way that I have always operated and to ME it makes common sense..
Why pay $2, when I can get it for 75/80c.. After all the funds to develop that organic growth are always going to come from within PNA and not cost me any extra.. I would just scoop all the cream from the top..
With PNA, outside market influences, dose 2 of GFC, that may not allow that to happen.. But, I have put my money in the pot, backing that it will..
PNA Price at posting:
$2.60 Sentiment: LT Buy Disclosure: Held