I worked in a listed companies before. Seriously, the SP is not a real indicator of the business performance or atleast the business is not distracted by falling SP.
This business is very close to a book value now, making free cash flows, making profits, have no debts, plenty of growth, their product is solving the problem hence ready for mass adoption, new technology 5G is on the way, cash in hand, 10c per $1 return, PE close to 13.
The pattern of selling is just not normal.
NTC Price at posting:
70.5¢ Sentiment: Buy Disclosure: Held