Your arithmetic is fine. But the bigger picture is: 1. Half a dozen institutions will decide the outcome ( with the assumption that if they haven't startly yelling their outrage as yet, then the odds are they will take short term gain; and 2, The stock is cheap on Fy21 PE of 10X according to the company's figures, and a FF yield of 7%+. How many stocks trade at these cheap valuations?
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Your arithmetic is fine. But the bigger picture is: 1. Half a...
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