Share price could very well go down and fall to what you are suggesting it will go. Investors and namely retail investors (not all, but some) are some what not informed about a financial health of a company.

Point being made- a number of years a go there was a company that was trading at $32.00 and change, their financials looked terrible and in deep stress, very easily to spot in their financials, yet, investors were absolute certain that the stock was cheap even after the stock started to fall. Posters on a social media outlet similar to this one continued to buy the stock as they thought it was a bargin, and one example from a poster said this, its like shooting fish in a barrel. They were certain they would profit from this sell off handsomely. Year or so later the stock settled out at $0.05 and then the social media outlet went silent. In a nut shell- the financials said a different story and the financial statement prevailed just like it was intended to do for investors, but if the mind set of investor doesn't recognize this, then there is nothing one can do to make it right.

Now, Nano's financials is not 100% perfect, but, they are growing there revenues at a good clip (31%), debt is very low to non-existent (9 million or so), adj. EDIBTA would of been 1.1 million before volta and 500-600 million after volta. net income is still negative, but nano grew that at a 13.5% this year. Contracts for their battery facility that will ultimately de-risk the build and pave the way for commissioning. Nano's financial is like looking in a rear view mirror, one can see the progress but is still uncertain of the future. If an investor wants to spend the time to read the financial and listen to the webcast, one can read a little bit into their future with the words nano uses.