Soon approaching fair value as per @Steve10’s analysis, around...

Soon approaching fair value as per @Steve10’s analysis, around 8-9c mark (going by old P/E thinking). Fantastic news for those getting in at the early stages of a potential multi-billion dollar company.

I love the discussion, by others like @ilikethestock, that there is a general resetting of P/E multiples and movement out of the tech sector back into industrials and traditional blue chips. What is the long-term historical data for valuation metrics for tech-focused companies on the ASX?

Regardless, a good haircut was needed to scare out these weak-handed novice investors chasing insane returns (and hopefully teach them a good lesson too!). Only question: when to buy? I still think we could dip a bit lower.