Thanks Tharlow, that might explain what's going on, although I still dont fully understand it.
A part of the Patterson's report that I failed to add after the 'Figure 1' section re. China etc. was:-
'Based on these assumptions for markets in which PLT has established distribution contracts, our DCF model supports a price of $0.60 per share, in line with the current market price'.
Then the India deal was meant to be worth 30c to 40c in addition.
I suppose that it hasn't taken place yet, and the market sees things the way it sees it rather than taking reports for gospel, but it is still a bit disappointing.
I'm sure it will ultimately take off as a result of the announcement, and I'm probably being a bit too impatient, but still ... (!)
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