PNA
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0.00% $1.84 panaust limited

great quarterly, page-2

  1. Lefevre
    9,775 Posts.
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    24/10/08
    11:14
    Post #: 4424051
    Looks pretty tight to me. They have just about maxed out their loan facilities and in the first full quarter had a small operating surplus. If the commodity markets tank any further they could be in trouble.

    I don't think they will be paying much debt down over the next year as opposed to previous statements that they will have it paid off within one year.

    Avoid !
    PNA Price at posting: 20.4¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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