Undervalued indeed, but partially at its own request..
It is definitely right that Bitshares has been traded on exchanges at the under valued price range. I agreed with you. Beyond that, recent months, I saw some decentralized exchanges, that built on and operates via BTS platform, some of them end as scam exchanges, no volume, nearly dead exchanges. I don't know that whether the Bitshares team have detailed plans to prevent scam decentralized exchanges on BTS platform or not. If not, they should rethink deeply about this, because such scam dex on BTS platform, might damage reputation of BTS, in general.