yes they need to improve their core profitability even further. I think the more likely solution is they buy some extra time on the debt by doing a refinancing and raising some equity at the same time.....not sure if that solves the problem long term unless you get the core operating profitability up. but the trend is now in the right direction and it appears that PDL pricing is starting to improve as well albeit it hasnt showed up in the numbers just yet...
Ann: 1H23 Results Presentation, page-23
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Mkt cap ! $66.66M | |||
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