Current valuation PNGIt is obvious to me the mgmt. prefers a low valuation for now only to be unlocked later as a private company. Of course this benefits the shareholders who can or are willing to hold private company shares in their stock accounts without liquidity. Why else would they suddenly change their tune and highlight the risks and lack of guarantees of their PNG business in the latest news release.
I hope they prove me wrong and unlock the value for ALL current shareholders of the public company.