Sorry I will also add, refer to all the annual reports (last 12 years). Market cap mostly moves between $50 and $150 million. This is scary in my view (given we are still priced at about $250 million and have not proven to make free cash of any decent significance yet).
Has been spikes to $350/ $400 million but always short lived. Real operational performance tends to kick in when the FOMO is over - Much like our run to $0.38 only next time (probably 2.5 years away) it might only peak at $0.25/ $0.28. Welcome to the 22 year downtrend.
I picked up 3.2m shares at about 7 cents, I’m dumping it next week for still a healthy profit.
Moving on but wishing you the very best with PAN
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