PNA - Chinese cornerstone investor (Guangdong Rising Asset Mgt) crept above 20% yesterday. I believe that GRAM's representative on the PanAust board is also in charge of GRAM now following a recent promotion.
This stock was the number one takeover pick for 2013 by JPMorgan's Sujit Dey and his Insto S&T desk. They have a solid track record.
