If PEB were really that ****-hot, surely a big fish after all these years would have come down to NZ, paid say $150m for them ($112m market cap today), taken them out and then rammed through all the approvals and various hoops to jump through. Big companies have experts in those areas.
While I don't necessarily doubt the science, surely it must start to get a little old and get superseded after this many years??
2 ponderings on a Monday arvo…….