cashfornuthin3 Jul 2015 14:57
Yes been in and out of PAA for 2-3 years now and tbh it's been heading south during most of this period... the company needs to maintain its golf events and start to win new music events - like in Japan - then, and only then, might the share price start to recover. I do believe those who wanted out have mostly now sold their holdings so any reasonable news and buying demand may result in a decent re-rating but it's not a cert - it reminds high risk and some form of further funding is likely at some point over the next year imo (unless the company secures new events).. the other plus is that overheads are being held down so my advice is that PAA is "one to watch" although existing shareholders like myself will just have to stick with it for the time being gl