PAX 0.00% 1.2¢ panax geothermal limited

trading, page-13

  1. 16,523 Posts.
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    As I said earlier PT, if someone absolutely has to sell and there are only 0.1c buyers, then that is what the price will be. When you have to sell you have to sell. But no one (at least that I can think of) ever has to buy. The problem now is, unless there is exceptional news, no one will want to pay a 100% premium and buy at 0.2c any more. Not good news at all. I imagine there will be a stand off for a while until the new pricing reality sinks in.
 
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