Ann: Results of Meeting, page-7

I must agree with your succinct explanation. The difference in the capital requirements of the businesses and the ability to scale quickly is the reason for the market's price valuation. I sold my IPO CLH holding at a good profit but regret not holding for a bit longer. My view is still that international borders need to be permanently open and Covid constraints at a very low level before ATL will get above $1 again. They do have the ability but it is a much slower process than that of CLH IMO.