Pinnacle's share price has never be as low 2p. From memory it has been below 6p, but now the Company is in a much better position under the relatively new CEO Nicholas Scanlon. Mr Scanlon has reorganised, MXC Capital is a major shareholder and the Company has a very experienced new Non Exec Director whose background is tech security. I am a long term holder of Pinnacle shares, standing on a paper loss BUT I am much more confident that the Company will continue to recover under the new leadership. 8p, IMHO, is a good entry point.
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