PNA 0.00% $1.84 panaust limited

re: 4m buyer pls move up to 30c... you guys really are kidding...

  1. 151 Posts.
    re: 4m buyer pls move up to 30c... you guys really are kidding yourselves I think. I sold out recently after enduring ups and downs. Dont you know PNA need to raise more dough? If so, they would surely like to keep the share price high so they can issue their shares at this level. I imagine they have sold their story to brokers. Who else would be so interested to buy PNA and not move up to take it if they were THAT keen! It looks great to see so many buyers, but take a closer look, the buyers dont move up to the sellers do they? I think it is a great company but has little else to offer me in terms of further good news that will actually increase the value of the shares (I havent seen any company actually increase their SP value by issuing more shares, doesnt this dilute EPS?) Anyway, I still hope it goes up for all you hopefuls, but you need to be realistic. Mind the gap please (yes, perhaps you should review your Charting 101 book again and go straight to 'G')
 
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Currently unlisted public company.

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