To be fair, people complain all the time about BRN management...

To be fair, people complain all the time about BRN management not being forthcoming. The difference is, they have a business model that essentially apes ARM's way of doing things, so it's easy to get your head around it. They also have a significant roster of development partners and programs they are involved in.

4DS isn't looking to develop revenue streams from providing designs that customers can incorporate into their own devices and have fabbed in a facility of their choice.

So seeking an answer on the company valuation will only come if/when the takeover offer arrives.