Its hard to know what the market really wants to see. The company has done everything (and more) expected of it.
Products are being qualified by customers. This always takes time. Repeat orders have already begun. Being included in the CLAWS program is validation of the pathway of the company and a measure of the importance of the GaN technology to the DoD. R+D payment of $7.3m indicated that the developments the company is making is substantial. Several Australian Awards that the company has received in recognition of its importance in manufacturing and defense. Vertical integration almost completed of its Fab facilities and the accompanying cost reduction and profit margin improvements. Continued progress on product development.
Lots to like here and ignore the noise of a $25k seller.
BLG Price at posting:
5.4¢ Sentiment: Buy Disclosure: Held
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