Hey Joel, interested in your thoughts and experience with consolidations and what specifics it might have, not just on the share price, but... market sentiment, capital flows (are there restrictions around any funds entering PNR?).
I view PNRs 'runway' and a bright one. I just look at what the likes of RMS has been able to do in recent years, particularly around dividends and growing their market cap through index climbing, which begets more climbing etc. Yes.... I am already starting to ponder when PNR might be able to justify a dividend, though not in CY25, but... CY26 is a different matter, especially now that management are starting to build their holdings up (versus before, where, if I can be brutally frank, they held sweet F*&k all, other than the Maloney brothers), hence... follow the incentive and Paul and his merry crew who are getting 10's millions of shares... will see dividends as a very nice way to reward all shareholders........................
Not overly excited by the name change, but.... if... just if we do end up being in a gold bull market, having 'gold' in the name could tip the scales a little more (probably giving it more airtime than it deserves).
Well... I guess it was sort of fun having so many shares in the portfolio, albeit it's all relative.
PNR Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held
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