Baba, that's what I don't get. You zoom the chart out and the story is clear:

• With (dare I say failed) GaAs platform, the stock is valued at 0.20, written off completely.
• With the OI and its products, yet coming to market, the stock is now valued at 1, despite dilution throughout the years.

Additional design wins will increase the value of the company further, the stock may or may not reflect that, and that is the risk everyone here takes as an investor.

Price and value are not the same. Value comes from whatever financial modelling you use, price is that and sentiment and momentum/stochastic and blah blah blah..