Looking at the historical charts.......27 Dec 2023 12:00
...I would not be surprised at all if the SP moved - in a decent market- over £5 per share. Dependant upon how the cash pile is to be invested, it is not impossible for the NAV in due course to return to, or even exceed its previous giddy heights. But I would be more comfortable if the excess cash was spent fairly slowly and with great care. Ms Blanc is proving herself to be one smart lady, so I expect nothing less.