If you want to use these metrics, when do you think it might be realistic to expect CPH to be cashflow positive? At that point, what ballpark figure do you expect revenue to be? Given that revenue, what would you consider to be a fair market cap?
Even if we ignore the scandals, if it's never going to be cashflow positive, it has a net value of less than zero.
Ann: Mernova on track for quarter-on-quarter revenue growth, page-28
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