RE:Present market cap 1/2 of backlog of contractsNot trying to ignore what you are saying which is global services equipment not an oil and gas producer that has diversified into new offerings .
For me , the problem with the company started in the spring and a lack of trading halts during the decline . Then when the stock started to recover , there were trading halts . I think one day had seven!!!! Every time it went up , the rise was stopped and capped by the halts.
Overall, the trading halts or lack of them at appropriate times, weakened the perception of the company as a longer term investment of value .
Currently valued as a flippable speculation rather than a stock trading at a fraction of real value. Day traders running the show, at least for a while longer.