Wag these are valuations current today as distinct from targets. The question is what will trigger a market rerate that is reflective of these valuations- POH has a number of inflection points coming up however I've no clue which of these will light the wick. We saw the market react with huge enthusiasm to the pain Ann last October so it's safe to assume its going to be a pain driven future leaving our painful past in the dust
Wag these are valuations current today as distinct from targets....
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