It’s not nonsense, it’s just a figure that I looked into…. From what they sell the certs for and how often they do them…. It’s a guesstimate for sure, as I said in my post. I also say why the market values them where they are, throw in the delays and it leads to suppressed MC.
That doesn’t make it nonsense, I’m not saying they should be worth 100 million…. I’m just telling you why some people might believe them to be undervalued.