PAX 0.00% 1.2¢ panax geothermal limited

It seems there are no buyer at 0.2c only 500K shares traded in...

  1. 1,192 Posts.
    It seems there are no buyer at 0.2c only 500K shares traded in the last 3 days.

    Makes me wonder what price DV would want for any future placement I'm thinking 0.05c or 5 100ths of a cent meaning they could sell for a profit at 0.1c. As I have posted earlier another 15% of Panax is 104M shares meaning we would net $52K in any future placement.

    Can anyone give me a valid reason to vote yes to this deal in the upcoming EGM.

    I got my voting form today in the mail, I cannot bring myself to vote yes under the current circumstances however I will not send it back in until I have seen the Quarterly Report and spoken to KP.
 
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