PAX panax geothermal limited
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Ann: Underwritten Rights Issue , page-7

  1. guild
    1,912 Posts.
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    01/06/11
    02:16
    Post #: 8479646
    I'm shocked at the erosion of shareholder value.

    SP tracked downwards 50% under pressure of telegraphed CR, only to be followed (after an inexplicably long wait) by another whopping discount of 40-50%??? Where's the news to support the price??? What was the grand gameplan??? Why???
    PAX Price at posting: 2.2¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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