This kind of people are the reason that this company is doing not good, because big investors like him of analists expecting too much of the RAS-management and then they make big mistakes and you get this price-deception.
The book value is declined after Q3-results imo because of dilution.
The difference between book value and market value is so big that the company is in (real) trouble.
Tom much opinions here, to much noise here at this forum. Ik drive you crazy but one thing for sure: RAS-management is not the management that belongs to a skilled management.