I think one of the main catalysts for the share price to bounce over the coming weeks will be the achievement of the 28nm scale. From memory they were anticipating this to occur prior to the end of 2018, so hopefully we'll see this announced in the next few weeks. I'm also encouraged by the fact that Coby has indicated that they could also push this down to sub 20nm scale, but I'm not too sure if this is currently commercially viable, so I'll be happy with 28nm for now. This should be sufficient for a number of commercial applications so we may see a number of testing partners announced before a significant commercial agreement has been struck. Chart wise it looks like we may have found a bottom. Once it breaks 3 cents, it will be up up and away IMO.
I think one of the main catalysts for the share price to bounce...
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$3.19 |
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