yep. So undervalued. Slower growth but the numbers are solid enough. The market reaction to their news is so over the top. It’s already had it’s crash before the others and was already trading at a multiple 20-30% of the others. The capital efficiency of their business mode (pay it in 6) will show through as they scale.
my only concern is the need for a cap raise in the 4-5 months. Will hurt at these prices.
LBY Price at posting:
27.5¢ Sentiment: Buy Disclosure: Held