PNA 0.00% $1.84 panaust limited

Understand your point Bewbybill,My point is if the price fell to...

  1. 159 Posts.
    Understand your point Bewbybill,

    My point is if the price fell to a zero tomorrow without any fundemental reason then I would buy.

    In my opinion there is a lot of bargins on the exchange at the moment.

    Commodities market are also made up of traders who have punsished the commodity price, irrispective of the type of metal, supply and demand.

    I don't think China and India will come to a grinding holt anytime soon. Yes they will slow down China's growth falling from 12.1% to 9.1% for the 2009 year.

    PNA also has a contract in place to supply which should not effect revenue.

    September and October is the worse time to sell shares historically.

    Once confidence is restored we will get back to fundimentals.

    A big fall will be followed by a bigger rise, has happened many times before.

 
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