SLT's profitability is going to drop significantly because their revenue will drop and their costs will not drop by the same amount thus their margins will shrink. I suspect that they likely will be losing money going forward. At the very least they will be making a fraction of what they were previously. I'm sure that is why they are trading at less than the cash on their books. Without spending a few hours I can't estimate their profitability or losses going forward.
In any case they are certainly a shrinking company and not a growing company. I like to buy growing companies.
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