Book value of these type of companies are usually 10-15 times lower.. Once PTK starts to kick in we can see its value. I am part of $70club anyways. Once the big name (partner) is released this is stock will fly.
There is no change in the fundermental of this company but we see SP goes up and down.
I believe once the 100nm/40nm PDK is down by end of this year. I think partner will be announced. Depending the partner the stock price will be multiple of 20-30 times from where we are at that time.
It will go even higher based on the partner deal.. if a big company wants to control with exclusive license deal for $10B for next five years or so.. Apple, Samsung or Google should jump in first and make the deal.
Good luck everyone