PNR 4.35% 12.0¢ pantoro limited

Ann: Equity Raising Presentation, page-45

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  1. 2,443 Posts.
    lightbulb Created with Sketch. 1364
    I'm confused - "Old Price Target" A$.34 ( a mere x9 current SP ) - "New Price Target" A$0.53 ( mere x13.5 current SP 3.9c ) and now a " Hold "
    Even Petra had "only" a A$0.15c "target" on 28/7/23.
    Apparently the market believes PNR requires a (cash) transfusion to change its anaemic appearance and a "savour" to replace the MD & BOD ??
    I wonder if Raleigh has any spare time ... only kidding ... PNR is a leper with interest falling off .... GOK WTF is going on .... SH's brace for impact ?
    Once again, when a stock breeches "key support" which was 20c .... something not good is going on ???

    https://hotcopper.com.au/data/attachments/5605/5605534-a36aea5ff46c480f139c41c8228d9889.jpg
    https://hotcopper.com.au/data/attachments/5605/5605600-52b38404b5d874f7e418f47f0f26d507.jpg
 
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