PNL 0.00% 4.1¢ paringa resources limited

Ann: Half Year Accounts, page-8

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  1. 425 Posts.
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    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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Currently unlisted public company.

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