Ann: Appendix 4C - quarterly, page-31

With a name like BaconLover, make sense for you to be interested in PYG! Jokes aside, I've only been since the SP has been in the mid-50s. I've thought about this one a lot and can only think although it's a tech company, it's not the most sexy of space (payroll) - and maybe growth is a concern given the space and COVID (though company has indicated it's signing new clients and upselling at a very fast rate compared to last year).

Also, the low number of shares outstanding doesn't help with liquidity and probably won't attract traders. Aside from the CR point, perhaps some old holders who saw the interest mid-year as a way to get out? The top 20 hold the majority of the shares so I suspect once we get some fresh holders aboard and good positive news flowing, it should hopefully re-rate. My 2 cents.

IMO-DYOR.