Trading below cash, page-25

Was thinking much the same when I saw how PNR was cruising today. It hit its 52 week high and looking exceptional.

Positive from a cash/asset from for BNR and a reminder of managements previous success having acquired that holding as part of their successful asset divestment (after discovery and value add) to PNR.

Heavily overweight on this one and very much looking forward to the quarterly report. Should confirm cash+liquids and hopefully an update on their areas of interest.

Suspect a few more will show their hands once they have their fill, or the company announces something epic. Just a wait and see and quiet trundle until then.