Danhold, you really need to start looking at the big picture.
If I analysed any company and only looked at costs they would all look terrible. However I also like to look at at revenues, revenue growth potential, asset values and potential asset values, and of course potential cost growth, access to capital, etc. I also like to look at costs in terms of fixed, variable and discretionary. But that's just me, I'm a shareholder in Linc because I've done my own detailed research and broadly speaking like the strategy and technology. The market will work it out soon enough ;)
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