when fundamentals are recognised again..., page-2

When I posted earlier today, I did not expect the turnaround to be quite so rapid. PAN has just gone green after opening 6% down - just goes to show how fickle sentiment is in our current market. One minute we're all going to hell-in--a-handbasket; the next, we're all gonna miss the next bull market.

Personally, I think the next serious up-leg in the wider market is some way off. However given that PAN has shed 75% of its value since June despite hedging arrangements that guarantee significant income for the next two years at least, I reckon there is room for some nice upside in coming months.

A few investors seem to to concur today, so we'll see where it heads.

Good luck all holders. DYOR.

Gupper