All very relevant points. However, if we base it on historical...

All very relevant points.

However, if we base it on historical growth and SP - this company has always been pretty undervalued.
Last quarter results, as disappointing as it seemed, the SP should have consolidated around 15-18 the dump down to 10 and under is pure Covid-19 fear.

This quarter will be important to note the cash reserves, the sticky revenue that is left (up, down or same) and what kind of decline there has been (surely the covid-19 and closing schools will impact negatively, just don’t know how bad exactly) although we did receive a positive market update that business as usual but that was a month ago.

Also how innovative the company has been to adapt new revenue streams / trends to keep “business as usual”
Their ETAS vertical may have incorporated online and conference style learnings / teachings. If they did and how popular has it been exactly.

Not too much to speculate at the moment. Let’s wait and see. Quarters should be out any day now.