sirspanky
$PAPL 🟢— this disconnect is getting hard to ignore.
$INJ.X ~$8 while PAPL trades under $0.90/~$22M market cap.
PAPL holds roughly 7.75M+ INJ. At $8, that's ~$62M in gross INJ exposure alone.
After debt + other assets/liabilities, I estimate NAV ~$2.45–$2.50/share.
PAPL: ~$0.89
NAV: ~$2.47
Discount: ~64%
🔥 INJ staking adds tokens
🔥 Shares already repurchased below NAV
🔥 $15M buyback authorization
🔥 INJ ETFs being pursued
🔥 Every +$1 INJ ≈ +$0.31 gross assets/PAPL share
At $10 INJ, estimated NAV approaches ~$3.10/share.
~$62M gross INJ exposure inside a ~$22M company.
Eventually somebody notices. 👀
$PAPL $INJ.X 🧨
NAV estimated from latest disclosures.
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