PNA 0.00% $1.84 panaust limited

re: Ann: Share placement over-subscribed and ... I recall back...

  1. 411 Posts.
    re: Ann: Share placement over-subscribed and ... I recall back in '05 PNA needed to raise some cash and issued a batch of shares at 0.215 cents
    The share price at the time was > 30 cents
    The price initially stayed around .30c but then tumbled to below the 0.215 placement price
    It did recover of course but like then imo holders just need to be patient & not panic like i did back then :(

    I still haven't bought back - waiting for 0.10 -0.105 & then I'll consider - not in any hurry whatsoever
 
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