Good post, TMI, I very much agree with you.

Except for this statement: "I still wonder at their motives for crashing the SP at THM."

You seem to presuppose that they crashed the SP on purpose. I don't think so. In my opinion they wanted to give as much financial information/estimation as possible at that point in time, and being EBITDA-positive in 2018 was one of these estimates. I still believe this was a quite positive statement, especially taking into account that back in May they had not yet visited the DenseLight customers and any forecast could not have been as secured as the upcoming guidance will be.

My explanation for the SP crash is that there were (again) too much short-term, high-flying expectations that got disappointed. My expectations are high-flying, too, but more on the medium term. The company's development seems to be solid and ongoing, and EBITDA-positive in 2018 is fine for me.