PAN 0.00% 3.5¢ panoramic resources limited

Chart thread, page-441

  1. 356 Posts.
    lightbulb Created with Sketch. 192
    I'm sure there will be a TO, my preference would be shares rather than cash, then I get to choose when to pay the CGT, however, there are complications to a Scheme, first IGO would need the agreement of Zeta as they have the blocking stake. Or IGO could play hardball, make a low- ball hostile bid for PAN and only get 51% then they have effective control. IGO know they control this game, I don't see how anyone else can bid, so no take-over premium, we could languish un-loved for years. Very disappointing as I'm sitting here very heavily invested and deep in the red.
 
watchlist Created with Sketch. Add PAN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.