You stated: "For example, if $2b is the relevant market cap for the ASX200, then PPK would need to be at $2.66b to be equivalent."
This would only be pertinent if no other company in the ASX200 had any Director ownership (PPK would not be the only company in this situation).
To put every company on a level playing field you would need to individually check 200 companies Director ownership levels......this could possibly result in PPK needing to achieve a lower Mkt cap?
I have made a generalisation or a simple path/guide, you are correct. But to be deadly precise is almost unachievable.
Anyway, my main point being PPK is headed for greatness (we are way ahead of the market)....and us shareholders will reap the benefits.
(And Blab, I do enjoy your posts!!!)
IMO DYOR
PPK Price at posting:
$19.80 Sentiment: Buy Disclosure: Held
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