PAN 0.00% 3.5¢ panoramic resources limited

PAN looks like its being shorted Top holder selling not a good...

  1. 9,743 Posts.
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    PAN looks like its being shorted
    Top holder selling not a good look

    IGO stake getting cheaper, they might be sizing this up again for a bid
    $400M is peanuts to $14B,
    the WSA deal was funded by debt so they cashed out the WSA holders especially AF using debt, taking PAN would make IGO a 4 mine producer.
    Creasy likes PAN & Ni.

    PAN should be at 40c but no its 17c!
    Bear Season to 31 Oct gives IGO a look in for an opoortunistic chance in a lifetime to round up most of the Oz Ni sector in 1 year.
    Tianqi SIR WSA all great cheap acquisitions turned into fortunes

    Is PAN next again?
 
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