RE:Is there something brewing?It is trading a bit strangely lately.
Here is some food for thought.. Close to 100M in backlog and their market cap is 50M or so.
Sounds like either the market needs to calibrate the value better or they will be taken out by a larger player that sees a huge opportunity with their IP and backlog.
If they are looking to continue with a rollup strategy they should find a new CEO and also initiate at least engage the maret with a minimal IR outreach. As of right now they are running like a 'ma & pa' shop and the market doesnt really cast the benefit of the doubt on to companies with small town mentalities.
Still bullish here but at some point you have to seperate the steak from the sizzle.