PNA 0.00% $1.84 panaust limited

high court ruling, page-17

  1. 336 Posts.
    Hello Super, re your query as to my exit strategy, I do not have one but do have my fingers crossed one day it may build back into the $2.75 range then I would seriously consider bailing,quite reluctantly since like yourself I have a significant stake for a little bloke commencing the build from 2005 onwards.With this stock the market is not setting the SP and in my opinion it is coralled in the $1.75- $2.00 range to give the controllers a return of up to 3.00% returm on turnover. The retail investor is too insignificant to be able to give the price a kick along and the serious volume buyers wouldn`t touch the stock with a barge pole, why would they?.They with the majority of us are far from impressed with what they see is going on here and my personal opinion is that Guangdong is in the mix here somewhere, assisted by friendly operators.
    Curt
 
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