RE: Hauduken!27 Dec 2020 12:10
The finishing sp for PAL, and what we individually paid as PIs, was based massively on speculation. I would have preferred to have an opening price set above my PAL average, but there was never an obligation for the BOD to do that.
The question now is whether the market views CML plc as being worth over 12p/share - initially and then longer-term. Based on having valuable assets in the ground, looking relatively easy to extract, and confidence about licenses etc, I suspect it will be viewed as attractive by new investors, especially in the current market. It's only a small part of my portfolio. I may even top up a bit. Each to their own. GL.