RE: TAM - ADAIn current numbers fully diluted the market capital of ADA (before today´s news of more dilution, which though TAM later might "suffer" also) seems to be in the order of around 5-7 times that of TAM (don´t now ADA warrant&option dilution).
If also TAM is expected to produce around 5 times the ADA production per year, you get an accumulated "factor-abnormality" of 5 x (5 to 7) = 25 - 35 times which should be explained by other factors