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UrAllOrdinary

229 Posts.

14/03/19

17:32

Post #: 37765091
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Originally posted by okko: ↑

As we have discussed previously, investors are beat up and p#ssed off with the lack of disclosure, 6month delay and still counting but more importantly the dismissive defensive behaviour of the board and management. i don't see any upside unfortunately in the short term imho.

on the other hand if I was new to the story then buying it down here is good buying and a solid growth story over the next 12-18months with a few changes.

Hence large parcels changing hands. let's call it very very early tax loss selling. hahaha

I just hope that if Aus super or any of the other large instos crack the whip it's not by selling as I don't know how they would get out.

I herd one PNL employee say the other day "I can't believe the stocks trading down here" and I think that pretty much paints the full picture.

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They should have a very clear understanding of why the share price is at these depths.

Maybe start with the delays, cost over runs and lack of communication.

This years' AGM going to be fun.

PNL Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
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