PAX 0.00% 1.2¢ panax geothermal limited

Ann: Company Update , page-15

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  1. 1,192 Posts.
    1 year ago when SP was 1.5c and we had just been told PPA's were imminent there was a lot of optimism around about this stock we used to discuss this in this forum.

    I made predictions back then that PPA's would get us to 2.5c and funding to 3.5-5c post consolidation that would be 35c to 50c which now looks to be pie in the sky.

    I personally would be happy to get to 10c so I could sell out and get most of my money back.

    AS we can see since consolidation that there is only one way the market will go without PPA's we will be soon be below 1c and at a value we couldn't have fallen to pre consolidation.
 
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