PAX 0.00% 1.2¢ panax geothermal limited

Graham - thanks for the wise words. Not.PrimoTrader - all good...

  1. 2,041 Posts.
    Graham - thanks for the wise words. Not.

    PrimoTrader - all good comments you make. Quite rational. Your comments about the macro background, and PAX reflecting these challenges is very true and of course as a rationale observer I absolutely agree. I could go on and dissect how Penola (spin vs reality) may be an indication of how accurate the description of "advanced geothermal projects" in Indonesia, really is.

    Bargain - don't worry about what could have been. Try to take an objective look at things from here and now. If you would buy at this price because you believe, buy. If you could redeploy your capital to a company you have been watching and believe represents a better investment proposition, then your should do that. The sad reality is share price from years gone by has absolutely no relevance any longer on whether these companies are good value.

    Apologies for having rattled a few cages.

 
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