@TycoonTerry the assumptions you outline are on the right track. Obviously, current metrics look extremely expensive. i tried a DCF given some of mgt comments on ROI etc but gave up when the 2030's assumptions needed to be made. you can work on some scenario analysis that are always helpful. as Zoolander says C79, it really hot right now was my conclusion

@edgescape, fully agree. Also missed out, as I was looking at ~$6.00 as my top-up point given the consolidation in that area before the run up to $8.70, plus it is closer to the 50% retracement level. A bit half hearted as C79 is fully allocated in my portfolio, wanted to add just that little bit more ...!

This email alert sums up my thoughts concisely. With such a massive global deployment in hostile environments, it was always a matter of time before deployment issues are encountered. The market hammered the price for real-world-shit happens deployment realities which will be learnt and risk mitigated in the still long deployment of machines ahead ...

Discl: Held IRL and in SM

Well I know one thing for sure...

I loved how this got pushed to 6.11 for one very short moment in the morning a few days back only to come back up at 6.70

Looks like someone tried to trigger some stop losses and then quickly snapped up some loose shares. On the face it seems the seller finished offloading and suddenly buyers stepped in.

Or another way is the seller changed their mind and bought back the shares on offer.

Was watching during that time but did not pull the trigger. 6.11 did seem like a bargain at that time.