HDG. thx for the detailed analysis . You think they will cut expenses and maintain income enough .....to possibly run cash flow positive for the rest of the year ....and end up EOY with $375 m in cash .
Correct me if necessary :--)
If they end the year with $375 m cash / investments and say $325 in inventory ...ie a total of $700m ( plus accounts receivable etc ) ...How is this Co not considered undervalued currently trading at a market cap of $532 m ?
Its as tho the market has almost written off the chances of them making any profit ever .... in the UK / EU