whoa! pantheon going crazy $$$, page-13

Bellcurve

no not neccessarily

a mid range succesful Woodbine well program for Pantheon would see a +100p share price...Its very big play the Woodbine..A good success the upside is multiples

That would equate to over $10m cash for AXT assumng mid range success

Given its tax losses AXT could have 8-9c per share cash backing..

Then its a cashed up shell that could do a very credible corporate transaction

Not many junior shells out there with $10m in the bank!!