What is happening, page-3520

Nothing much in the Pitt Street Research update, but to be expected and was generally fairly ok.

They can take off two of the companies in the asx comparable table which would leave it at $262m, also it would bring it into line with Black Semiconductor recent (e)254m raise.
That was funds raised so the valuation considerably higher but not disclosed.

One other point they also briefly touch on which is most likely is the new Technologies they are working on with "other partners".
We know for a fact EPFL and AXE are working on quantum sensors, advanced spectrometers, and analytical devices. ( no mention in the report of the recent P-ESR Chip with EPFL which was sloppy.)

There's a lot going on that we'll only know, ONCE it's been announced!
We should be trading bare minimum at the peers which call it $300m would equate to $1.18 or +237%.
On a global valuation in US dollar values a lot lot higher.
DC