RE:RE:$550 million in cash and investmentsI presume what you are seeing is that market doesnt love a company who's only active business is one the new controlling shareholder has called out repeatedly (ILS), regardless of the assets and lack of debt. In the minds of doubters, the assets can be frittered away and they demand a company that has growth.
So what's the path to a higher share value? I presume its deployment of capital to obtain an asset that the market sees as one with growth potential, profits, cash flow. If this is the path it could be weeks, months, or years. The start of real valuation improvement might commence with the announcement of the new board which could happen any day. Another decent catalyst would be if the ILS business is at least trending well in the next earnings.
There is perhaps one "faster" path to value, however, and its if there is a sale of the company or, in the least, a decent sale of the PLM asset.