Anyway, I'm a firm believer that the market is rarely wrong.
You speak of no revenue, that's one issue, the other big one is management.
There's no form guide, if there was faith this management was first class the reservations in regards to the tech would subside somewhat, but again, there's nothing to go on.
So it's a listed tech with a bit of cash, no game changing technology and management that has no runs on the board.
The EV is low due to a lack of confidence.
SP1 Price at posting:
19.5¢ Sentiment: None Disclosure: Not Held