This is just "normal" price. For a large production you can get an even larger discount. It's still a cheap movement.
Still ~10x more accurate than a mechanical watch, but not ~200x more accurate as thermocompensated ones are (as mentioned in the message you were replying to).
Still ~10x more accurate than a mechanical watch, but not ~200x more accurate as thermocompensated ones are (as mentioned in the message you were replying to).