Ummm undervalued!?? So let me get this straight...KORES is about to buy 10% of the company at over 3x the current price and KORES now has an option to buy up to 50% but only AFTER they arrange project financing and they have also committed to being on the hook for any project costs they haven't arranged...
So basically once all of the project risks are off the table KORES has committed to buy up to 50%....and the stock is now at a jolly 0.70/share....
Yippee for ridiculously undervalued small caps that refuse to go up even when they do great things.