PAN
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0.00% 15.5¢ panoramic resources limited

Ann: Entitlement Offer - Eligible Shareholder Letter, page-21

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  1. tanon
    2,612 Posts.
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    21/03/19
    10:51
    Post #: 37835609
    I don't see why any shareholder would give PAN funds under this offer especially since it is underwritten and they will get the funds anyway.

    Because PAN is a volatile operation and so highly leveraged, there is only one time to buy PAN, when it is cheap, and for me, it is not cheap now. Of my holding, I bought 47% @ 21c, and 24% @ 10c.
    PAN Price at posting: 37.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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