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Samsung Display completes eMagin purchase ?3
11:48 18-Oct-23
Samsung Display has completed
its purchase of eMagin, which will continue to operate under that
name and in its existing facilities. The total cash value was just
$218M. Investors who bought in 2022 could have turned a profit, but
any who bought in 2021 probably had poor return on capital, to say
the least. My skepticism
in early 2017, when the stock traded around $2.45, was well deserved
ahead of dilution.
The gamble
in 2020, subsequent analysis,
and exit
point also proved to be much better than waiting for this
eventuality.