Ann: Extension of Voluntary Suspension, page-343

The estimated market cap for SCM is approx $10 Billion.

Therefore if we assume a 'niche market' (which was mentioned both by your sources and alluded to by the 4DS board a long time ago) to be 5-10%, we are looking at a $500m - $1Bil valuation. This also seems a lot more reasonable considering the sales incentive bonus pool, which hasnt been mentioned in a while, has the TOP tier at a $550Mil US sale price.

Realistically now, I am of the opinion that we are unlikely to go for above $1Bil if we are indeed only useful in niche applications. If this does turn out to be the case, I think some people on here seriously need to adjust their valuations.

Whilst some fantastic metrics have been alluded to by the board, without firm data these are still just allusions and at the end of the day we do not yet know the capability of the chip. I would not be surprised if 4DS are pushing for more iterations right now but IMEC have told them "its done and you go with what you have".