When you cut the cancer out, like the india thing, it takes capitulation, to sort the strong hands out.
Todays announce just re-affirms the technical fundemental strength, while imo the laser displays will be the making of ARR.
There is always a turning point, and it always comes when things seem at their worst from a sentiment point.
After the AGM, many would have capitulated thinking this is going to take forever to put back on the tracks.
But the reality is, they are solvent, and they inch forward, and when you take out the weak, the new shareholders have nothing but upside to come.
I think we are in for a consolidating period, for several months bw 20-35c, but that will be short term and immaterial to what will happen when any news of laser displays presents, and the awaited earnings guidence.
Once the earnings guidence comes through, it will replace clouded uncertainty, with something to gauge perspective, and that will also be is significant moment forward, as the remainder of non-cancer infected out of india story is actually quite promising.
