BlockBeats News, June 19th, Serenity issued a statement indicating that they had completely missed relevant content from the minutes of the meeting of the German laser technology company LPK, and believed that the market had also overlooked this information.
Their main points of concern include: LPK has been actively considering a Nasdaq listing and is engaged in related discussions; the company's goal is to achieve a 70% market share in the glass substrate market; the total addressable market (TAM) significantly exceeds previous estimates; it is expected that 4 to 5 customers will place orders this year in the base case scenario; the industry is ready to enter a phase of large-scale production capacity ramp-up.
Serenity believes that based on these discussion points, LPK is currently severely undervalued. They also disclosed that they hold a related position.
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