Hegarty straight-bats PanAust speculation

OXIANA managing director Owen Hegarty has played down speculation that his company is behind this morning’s spike in the share price of Laos-focused gold developer Pan Australian Resources, which has gained more than 20% in frantic trade.

Hegarty straight-bats PanAust speculation Hegarty straight-bats PanAust speculation Hegarty straight-bats PanAust speculation Hegarty straight-bats PanAust speculation Hegarty straight-bats PanAust speculation

After opening at 32c, Pan Australian shares ran up to a high of 38.5c - a gain for the day of 20.3% - with more than 52 million shares changing hands.

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