they're holding a lot of aar and bradda head (UK) shares. Those...

they're holding a lot of aar and bradda head (UK) shares. Those liquid assets are likely to be included in the upcoming spin out or sold off should either appreciate substantially. The funding for the Li here is all but guaranteed, so they're not likely worried too much about those holdings. I agree, it is a low market cap for a company in this position. Znc has always flown under the radar to some extent - but as mentioned, slow and steady. Accumulation is what I've done over the years - especially during the dumps GFC/Covid