The thing is, if the market values a near-term producer like SYA with potentially $5-10B in assets to realise in the coming years this harshly, you have to comparatively value it with the broader market. Would this make LKE instantly drop to 50c? Would it mean semiconductor tech such as BRN would rerate to waaaaaaaay below $2.2B market cap to under $500M? Comparatively, if there is any froth, there's way more of it elsewhere, in non-defensive stocks. Gets you thinking about double standards hey? Or perhaps, the market is waiting for a funding news, and then it'll go 30-50% in a day like it did after the NVX battery results. Which, were 6 months overdue, however, was a crucial piece of news despite being so basic. Then instos jumped right on board. Something similar is likely on the horizon.
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The thing is, if the market values a near-term producer like SYA...
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