We already know that what is on the wafers just needs to be cut out and bonded and packaged. This is the easy back end process, after BEOL. It's the easy part like the directors mentioned in the AGM last year.
A raise could mean a few things...
A raise to extend with imec probably means 1 of 2 things. Maybe both.
1. They need some time back due to Covid. Reasonable, even expected.
2. They actually need to do the "hard stuff" still. The front end hard mathematics and circuit design. This would mean the performance metrics which all the serious IC industry veterans I have spoken with have been calling for, is not as good as we have been led to believe... or worse, the tiny snippets that we have seen in market announcements have actually been accurate, but they have been displayed in a way to dupe and deceived retails investors that don't understand what "good" looks like or what more detailed performance metrics would reveal.
I would like to think that it is not number 2.
The BOD have done nothing but display integrity. I would think that they would not let a half truth (as in number 2 above) dupe and hoodwink retail investors.
The raise could also be non imec extension related.
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