PAN 0.00% 3.5¢ panoramic resources limited

going back to 50c, page-20

  1. 8,034 Posts.
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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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