The key question is: where to next? The end goal is to fabricate...

The key question is: where to next?

The end goal is to fabricate a megabit4DS Interface Switching chip with a fully functioning memory.

Presuming that the IMEC collaboration does indeed take 12 months+ (at a minimum) before the finalisation of the chip, we will be in a period of limited news flow throughout 2018.

For a new hungry market like the ASX, this is likely to see attention focused elsewhere and money may continue to exit the stock.

My guess is that the stock will find support at c. 4.5-5.5 cents.