PANR closed at a new high (in the past 7 years that is) at £1.34-£1.35
AXT's holding in PANR is now worth over A$19.75M
Giving AXT an effective cash value of 11.8 cents per share.
Then along comes someone dumping 0.5 Million shares at 9 cents.
Crazy comes to mind.
I have a strong feeling there really going to regret it, in just a couple of months time.
LOTM