RE:RE:Eight capitalAgree Rick's explanation is likely and thank you for being a voice of reason Frozen. The board here has some tendency to go down the rabbit hole - in truth, reality tends to be more boring than what you can cook up in your mind.
Completely agree on the "business is doing great, share price will follow" comment, the challenge is that none can say when.
Always a timing risk in stocks, especially if your horizon is less than 10 years (or at a bare minimum 5). I.e. don't invest if you need the money... as a famous quote goes "the market can stay irrational longer than you can stay solvent". [Assume someone will point out that it has X1 has been listed since 2016]
Also we are talking about a micro-cap trading at 7+ times LY sales, so unless you really understand the case and the company, it does not look cheap.
Best of luck to all