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clock Created with Sketch. 04/06/21
14:04
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Originally posted by madamswer:
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Disappointing update, for mine.1. Stopping the bleeding and staving off the prospect of insolvency.2. Growing earnings by increasing margins due to SKU rationalisation and lowering CoDB.1. happened quickly and in spades - taking the share price from $2.00 in 2019 to over $7.00 within a few months.2 . - which, by my reckoning would have taken the stock to close to a $10 valuation - has proven to be elusive (masked to a large extent by Covid over the past 12 months, in the company's defense).2 might still materialise at some point, but this update is significantly weaker than I had expected.
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With respect you sold your shares and somebody brought them.
