PAX panax geothermal limited

really whats wrong?

  1. 59 Posts.
    Don't understand the lackluster performance of recent share price. Share prices of other geothermal peers have seen some rebounds, only this one keep dropping. However, the market cap of PAX at the current price is almost identical to total cash thus we are getting those global projects and management team essentially for free.
 
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Currently unlisted public company.

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