The reason for the drop is margins going from 65 to 50% and the increasing cash outflow. I think some are projecting margins to continue to contract or remain lower around 50%, so this current quarter should give a better picture.
Either way you look at it 330m in sales pipeline and 613m MC - seems a decent entry point.
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The reason for the drop is margins going from 65 to 50% and the...
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