Hingdog. It's not apples and apples here. NEU have transformed into a pure investment company and with a MC of $276 million, they are way ahead of PAB in regard to transforming from a "penny" company. It hasn't materially changed the "value" of their shares, it was designed to remove the impediment from international investors and the only thing that is obvious, it is no longer highly volatile and a DTs toy.
PAB seems to be satisfying everyone at the moment and that is continuing, so, why should they even consider consolidating in their present circumstances? That's for another day and another "development".
PAB Price at posting:
5.9¢ Sentiment: Buy Disclosure: Held
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