Fair value of 7c is probably right - based on what we/morning star know now, and i wouldn't at all be surprised to see the share price drift up towards the 6-7c range before any significant announcements.
After any significant announcement, who knows where we could see the share price - depending on the nature of the Ann and which Tier 1 we are in final negotiation with - but as a point of reference, let's remember that when little old BNZ deal wan announced we saw the share price close to 6c.
If/when we see 4c mark breached (likely this week before any announcement), we could be in for some real fireworks if/when we see confirmation of a deal with a Tier 1.
Unsure if people are grasping the significant of this news - it will not add to this companies value - it will be Transformational.
Sentiment = mad to be selling.