PAN 0.00% 3.5¢ panoramic resources limited

"Panoramic shares were trading at almost 50c in 2018 when IGO...

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  1. 1,210 Posts.
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    "Panoramic shares were trading at almost 50c in 2018 when IGO launched a takeover bid.These days, the miner is hovering around 3.5c"

    WTF?

    Can anyone explain what happened to the TO?
 
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Currently unlisted public company.

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