How is it undervalued? It is a highly speculative stock with an inability to raise capital cheaply while still burning cash. It might have great success or it might not (technology doesn’t work as well as promised, competitors, alternative technology). At the moment it is a punt. I would love to see some figures indicating this stock is “undervalued”.
IBX Price at posting:
2.9¢ Sentiment: None Disclosure: Held
