Look the valuation was based on the information they had at the time and the prospects of what the company could be worth if everything went to plan .
It hasn't done that .
There were a few bends in the road that were unforeseen .
The Skywater IP situation and then Skywater decision to focus on a different pathway because of the chips act .
With the DB Hitek agreement ..
We as a company are in a different place now .
Take out the noise of the share price manipulation and you would see more clearly that the company is on the doorstep of massive success and growth imo .
Its just a matter of time and patience, which granted has been stretched , to for some an unbearable limit , but if it was a private company and you were a seed investor and you were monitoring the progress the company is making and that alone , I don't think you would be nervous about your investment at all .
Jmo
Dyor
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- Pitt Street Research Valuation of $9.56 per share
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