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Resonant was a pioneer in new methods
for designing radio frequency filters, which demonstrated software
doing so in roughly half the time, often with simpler designs.
Though its fate was not as
dire as that of its sister company, Superconductor
Technologies, it gradually became clear that new management were
slick talkers with little regard for ordinary shareholders.
Furthermore Akoustis, which I still cover privately, was making
better headway
in WiFi 6 and 5G with a completely different business model.
Thus, it was no surprise when Resonant wound up being sold to
Murata at the rather disappointing
price of $4.50 per share. Nonetheless, my valuation
analysis on RESN through the years lead to profitable trades, and
this section stands as an example of how such analysis can help
keep investors from getting hurt even in speculative technologies.
Updates: | ||
---|---|---|
+8 | Resonant sold to Murata, Golar 4Q21 schedule and more | 17:57 14-Feb-22 |
-5 | Resonant 4Q19 preliminary results & stock offering | 02:04 07-Feb-20 |
?5 | Resonant schedules 3Q18 report and more | 08:55 30-Oct-18 |
+5 | Resonant 1Q18 results | 18:23 09-May-18 |
-5 | Resonant dilution and more ABB | 09:58 26-Sep-17 |
-5 | Resonant dilutes, and shopping MVIS | 08:56 09-Sep-16 |
+7 | Resonant signs first licensing agreement | 07:52 27-Apr-16 |
-6 | Resonant dilution | 09:17 22-Apr-16 |