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0.00% 3.5¢ panoramic resources limited

going back to 50c, page-10

  1. brucey
    2,906 Posts.
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    26/08/12
    20:48
    Post #: 10625586
    Colinchi, a share buyback will not necessarily support the sp and stop it dropping further.
    There have been many cases with similar companies to prove this.
    Take mcr for example, sp was low 90's when buyback started and the sp continually dropped back to a bottom of 55c.
    Price movements will go hand in hand with ni price and O'seas events/sentiment rather than any buyback.
    PAN Price at posting: 64.5¢ Sentiment: ST Buy Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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