Oatley stock seems undervalued?

I want to start this off by saying what interested me in Oatley in the first place. I was in IKEA and I drank some of this stuff and I was legitimately impressed with how good it was. After a few months of regularly buying it I decided it might be a good idea to research the company. I am pretty confused about its current valuation. And it honestly seems like the only reason it is this low is because of the fact that Oatleys operating expenses are increasing by so much. It seems like all Oatley really needs to do to blow up in price is cut costs. $Otly