A fundamentally flawed stock

This stock is variously flawed.
The RSU awarded to directors is my first tip off. RSU are not available to employees and unlike US companies, RSU is not awarded at all. There is no ESPP either.
Razer is not known to hold on talent and has yet to develop any paid software.

Word on the vine is that the CEO/Founder still owns over 70% and total control of the company. Its basically one a man show.
Lastly, while the covid wave has rewarded many tech companies, sometimes even not deserving, this company is basically not even worthy of that. A manufacturing outfit that dropships and markets products from China. There is zero IP or ROI from soft products.
Given the price it listed and the dumping that followed, it is clear that unless a massive change happens and the directors are voted out by shareholders, there is no upward movement. But hold that thought, there is no way to vote out anyone.
This is one of those companies you want nothing to do with.

Whatever upward movement we might see in this stock is a mood swing and nothing to do with underlying returns or forward returns. If you are holding this stock I'd move on to greener pastures.