I always said my simulations where very (very) optimistic.
Now lets continue being optimistic without ignoring the current reality, and lets assume the current hashrate spike is just a one time anomaly and after the upcoming ~25% adjustment, network growth will reach a record low average of 7%/week and decelerate further by 3%. It doesnt get much more optimistic than that:

That gives this result

No reinvestments for another 3 months, and cryptx NAV would be ~0.017 BTC / share, and thats still assuming record breaking reinvestment efficiency.
In reality fair valuation is probably around half that, or around 1/10th of its current price.
Ive seen lots of idiocy in the security forums, but this one takes the cake.