PIR
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0.00% $1.49 papillon resources limited

trading halt, page-9

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    909 Posts.
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    26/05/14
    14:34
    Post #: 13416237


    History suggests speculate a merger/takeover of PIR.

    Avoids the hassle/risk of PIR building/commissioning and may effectively be a cheaper source of finance than the banks/low price hedge/equity raise etc.

    $2 package from one of the offshore biggies or the maybe Chinese would be my bet.

    Were it the other way round the other corporate would also be requesting a trading halt......


    PIR Price at posting: $1.43 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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