I believe the evaluation that we see at the moment is fair. We have to consider, that cash flow and revenue are still far away. In addition and most importantly, our 130nm embedded node has not been qualified yet. However, once we get the qualification done we will transition from the RnD,- to commercial stage which will potentially initiate a cascade of fortunate events such as commercial deals and expansion to other fabs. Once investors see, that we are ready for mass production this will be acknowledged. I don't think we need to wait for a regular cash flow for the stock price to rerate, we only need the confirmation that it will happen.
Have a great day
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