PAX 0.00% 1.2¢ panax geothermal limited

Ann: Corporate and Project Update , page-20

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 7,186 Posts.
    lightbulb Created with Sketch. 101
    I fully appreciate your frustration Graham but I also take ifandwhen position too.....

    I would imagine you keep in regular contact with KP so surely he must be able to provide some degree of comfort?

    You'd reckon between Bakrie, our lawyers and our own PAX people on the ground in Indonesia we'd have some idea of 'when', wouldn't you?

    These waiting games are always painful. This one seemingly more so, since the company said eons ago that all had been agreed re terms between the parties and the rest seemed a simple (quick!) formality.

    Whether it's Deer Valley or someone else selling down the stock to suppress the price is something I'll guess we'll never know but it's hard to see why a mid to long term holder of stock e.g. you and me would contemplate selling any volume at 0.2c!!

    Hard to see how it's Patersons or their clients with sufficient volumes left to sell the volumes we've seen.

    So, we wait.

    Season's greetings to all.

 
watchlist Created with Sketch. Add PAX (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.