PNA 0.00% $1.84 panaust limited

macquarie has price target for pna: $0.42, page-6

  1. 6,642 Posts.
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    Hi Bigstar,
    Interesting thing about the MAC commentary, is that it almost reads as if it was written months ago, as far as I can tell, it is based on data a couple of months old.
    No mention of capital raising , debt/equity based on "proforma Dec 08".
    Find out tomorrow, I suppose, if they quietly replace the commentary, with one a couple of months younger.
    Maybe they thought it was worth 42c a couple of months ago, but forgot to press the send button.
    Or am I being a tad harsh?
    cheers

 
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