Mate I agree 100% with what you say on fundamental level. I see...

Mate I agree 100% with what you say on fundamental level. I see it as seriously undervalued too and will be buying as I get funds. The EV is $100m fully diluted ($40m currently undiluted), that's nuts considering the potential of 4DX, and the announcement was a major derisking event. Like I said that announcement was my trigger to get back in. I'm just saying it wouldn't surprise me to see it go back down if it doesn't break that resistance level on the chart in the next few days. I've seen that sort of thing happen before on a great announcement with other companies, and the macro environment is not the greatest (no more cheap money sloshing around, massive tightening still to come). Price is still being mostly driven by short term traders rather than value IMO.

Also in my experience, Morningstar valuations aren't worth the paper they're written on.