market cap just too low on comparison with coms. The background buyer building a decentstake. mxcp brokered the coms approach. Now mxcp are an aim listed company in their own right, they might even make an offer after increasing their stake, then sell the lot on tocoms for 25/30p
perception of management? Market not woken up to the new ceo, sector, and progress.
The new ceo proving himself in the restructure. Taking a realistic view of all parts of the business. Looks like he has a definitive plan and vision to deliver profitability and spotted the means to do it. Trading at breakeven in recent months has to be a good launchpad.
As to the question of management perception, his progress should upgrade that to positive.
Yet again coms valuation, high or low, is a benchmark, and currently pinn still look undervalued.
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