I think a lot of folks are missing the big picture here -...

I think a lot of folks are missing the big picture here - essentially, can't see the forest for the tress.

The 'tech progress' side of things has been very sound since PL4 success. Whilst we didn't get the data many (including myself) were expecting on PL5, it appears as though that lot was an invaluable practice run at scaling down to 20nm. My assumption is that the initial results for PL6 will provide us with what we need to progress design with Infineon. Although, again, we might not see metrics at this stage. We have a design agreement in place with Infineon, and hopefully it will now be full steam ahead with that work based on what is currently known from initial PL6 testing. We are also potentially in negotiations with IMEC to build the test chip. N.B. We were trading in the 8 to 10 cent range with nothing but PL4 results. Granted there are some assumptions in all of this, but the tech pathway looks pretty solid based on what we currently know, and if some think otherwise I don't know why you'd still be invested now.

Obviously there has been some "challenges" on the business side of things. Shifting of the goal posts, botched CR, piss poor communication and DMs spin and bad case of HFMD. Whilst DM is absolutely not forgiven (yes you), there are signs of improvement here. They are promoting the Company and the Tech more effectively now, and it looks like there is more to come.

Notwithstanding the risks, we have a very solid roadmap now and if we stick with that and keep ticking the boxes, the SP will continue to steadily climb (overall trend). I think we are very significantly undervalued at the current market cap. The Infineon announcement alone was huge and this has never been reflected in the SP (thanks DM), and I still don't think that it is. Add to that '20nm Success' and the design development moving full steam ahead, and I'd expect a VERY large rerate.

GLTAH!