PAN 0.00% 3.5¢ panoramic resources limited

Ann: Quarterly Activities Report, page-20

  1. 406 Posts.
    lightbulb Created with Sketch. 303
    I think the cost impacts were a given and flagged several weeks ago by PAN. This result will help to drive the SP lower for OGO to make a bid. Very similar to WSA when it released a poor quarterly and got taken over. Not saying it’s going to happen, however we have seen our SP manipulated lower over the past 6 months and now with weakness, it’s ripe for a lowball bid.

    The Chairman’s last AGM address basically said he was expecting it to happen in the near future.
 
watchlist Created with Sketch. Add PAN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.