PoN, page-77

Hi Folks
Be optimistic!
There are two ways of looking at PAN's future:
1 No takeover bid from IGO and the SP rises up well past the 52 week high, once this 'recession panic' subsides ; or
2 IGO makes a bid-which will fail unless it is priced realistically (*) as a huge chunk of the 79% IGO does not already own will not accept -such as Zeta and Ausbil..... and us!

I hope there is no bid but have to accept it will come sometime

(*) realistically has at least a 3 or 4 in front of it- certainly not a 1 0r 2 !!