Shares of PAM Mineral (NICL) ended lower by 1.37% to Rp72 on Wednesday (Oct 27), way below its IPO price (Rp100) to represent nearly 80% collapse from its peak (Rp342). At the last quoted price, PAM Mineral was worth Rp696 billion, more than five times equity as at June 30, 2021, but only twice the enlarged share capital (after the IPO). To subscribe please click here
