RE:Where is the common sense This is my take:
Technically it's back-testing the recent breakout. Chart looks good and there's still room to pullback to 1.10 or so.
Fundamentally, the quarterly royalties are still low and only the 100kw machines command sizable revenue. I believe the 10kw are around $300k. The more hemp and marijuana deals they sign should offer better royalty opportunities. The nutradried inventories are being discounted for sale and we've yet to see what kind of revenues the revamped nutradried segment can generate in a post Covid economy. The tolling business segment rolls out in Q1 but this segment sounds promising.
With the opening up of the US mj market and expanded nutradried sales , 2021 could be a good year for this company. We will see.