$6m MC vs $8.5m cash ,multi baggers growth potential

1 the company is in ASX semiconductor sector
2 recently settled its microelectronics business and banked $7.7m cash on 04/01/2022
3 J.P.Morgan is the largest shareholder holding 9% of SE1, top up 20m shares one month ago
4 SE1 is seeking new project/acquisition/merge and most likely still in semiconductor sector
5 SE1’s current status is exactly same as the beginning of BRN when AZK sold mining projects and acquired the chip development business.

in my view under current MC , SE1 is dirty cheap now with at least 3+ baggers upside potential in next 3 months only subject to the new project quality.