PAX 0.00% 1.2¢ panax geothermal limited

it is always darkest before the dawn, page-5

  1. 1,906 Posts.
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    Tend to agree with Bargain.


    Find myself with one recurring puzzle, this concerns Bakrie's focus on completion and their future.

    Expect Bakrie regularly calculate where their self-interest remains served through working with the struggling PAX.

    For them to take total control, along with any PAX expertise AND assets, options seem to be either a Receivers Auction or a takeover offer...


    As currently for Bakrie a takeover offer would seem easiest.

    Such possibly sort if PAX regarded itself as in serious financial trouble.


    Currently sentiment remains HOLD.
 
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