Not great, but not the end of the world. Patience is needed.
More than one iron in the fire. Already trading at a discount. This is my one semi-conductor "internet of things" stock. I like the sector so prepared to wait. If the test comes through, the re-rate will be multiples, so asymmetric play here for the downside.
Also, the cynic in me says management are downplaying our prospects.
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