dear holders,
Sounds not good to me..
When you cut costs and keep sales,volume etc, the result is...you keep yuour margin or maybe even you make a little bit better.
But when you cut the "production line" in the end you cut costs but you cut income also..
This is a huge sub message saying... The cost of produce there is higher than the current POG... Meaning better cut the cost and the production.
Really not good to us
Changing my position from buy to hold/sell
Cato
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