Look Studs it is a personal decision to buy,sell, hold. Noone...

Look Studs it is a personal decision to buy,sell, hold. Noone here can make the decision for you.

Stef's summary is good and comprehensive.

Wal71 is also right about the number of shares on issue but I don't think that is an impediment in itself to upward mobility. I think it depends more on how consolidated or fractured the shareholder base is. Atm at least one insto has jumped onto PNA (AMP). More long-term instos would be good for sp stability.

Right now PNA is working through the rights issue and once it is bedded down there should be more stability. There are a number of other companies which have done rights issues like KZL. If you ask me which one I would be holding, it would still be PNA.

No they don't pay dividends, but their cash position is solid after the cap raising. If you want dividends buy TLS or a bank.

You might have seen EL's recent post on how the Rio rights issue could be impacting on the SP of other miners like PNA. So I would wait for that to be bedded down as well before I make my decision to hold or sell.

Whatever you choose to do I wish you the best of luck and prudence.