obviously management cares about their bonus. Down from 47.5c.
U can argue that this is cheap, but then that can only be justified if ALC actually turns a profit.
In my logic it is very hard to value a stock to be cheap with a zero PE.
See you all when ALC turns a profit, hopefully I won't have to wait for a decade for it.
Peak pessimism - complete overreaction, page-19
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