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8,034 Posts.
566
29/08/12
05:06
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Brucey
I will try again
About 3 months ago MCR was trading around 70 cents
PAN was trading at $1.30
Since then we had the Greek election hit
PAN has dropped to 55 cents
MCR has dropped to 62 cents
MCR hat a share buy back in place
PAN did not
PAN is riskier but in my opinion should not be trading lower
Than MCR
If PAN had set a buy back price of around 69 cents 2 months ago
The SP would of held around that level
PAN hit 55 cents today
I will be interested to see an announcement of a share buy back
Today
I would hope the level is set at 55 cents and not 50 cents
Imoo
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