PAX 0.00% 1.2¢ panax geothermal limited

Tend to agree with Bargain.Find myself with one recurring...

  1. 1,476 Posts.
    lightbulb Created with Sketch. 5
    Tend to agree with Bargain.


    Find myself with one recurring puzzle, this concerns Bakrie's focus on completion and their future.

    Expect Bakrie regularly calculate where their self-interest remains served through working with the struggling PAX.

    For them to take total control, along with any PAX expertise AND assets, options seem to be either a Receivers Auction or a takeover offer...


    As currently for Bakrie a takeover offer would seem easiest.

    Such possibly sort if PAX regarded itself as in serious financial trouble.


    Currently sentiment remains HOLD.
 
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.