RE:RE:Prone to doubt
You say you don't agree, but when I read your post, I understood that we are on the same page. About the same rate of contracts, the SP stays the same. Major announcement, SP rises. Decrease in announcement rate, SP decreases. The SP reflects the value of the company, because the market's sentiment is the judge. The last announcement, together with some anticipation from the upcoming AGM were about enough to maintain this level.
Moreover, TMG is not substantially undervalued, because it does not have a new and revolutionary product line that needs to be tested in real life situations and no one is attempting to purchase the company. It has mature products, which are efficient to some level and are not too expensive. It gets the job done, but will not gather much hype, unless it lands unexpectantly large contracts.