PNA 0.00% $1.84 panaust limited

Islanddreams,There has been a big seller offloading quantity...

  1. 507 Posts.
    Islanddreams,

    There has been a big seller offloading quantity since last Thursday at 47.5/48c.. I would say that This crossing, plus the other Mill, both at 50.5c, is the balance of this selling..

    In the past when this has happened, the S/P has shot up 5/10c in the days following and this time should be the same.. The only difference now, that may put a lid on the extent of the rise is the number of shares on issue..

    I believe that we will see a take over of PNA before years end..
 
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