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Hi Mark, this is no doubt a very well thought out, sophisticated investment thesis and I have a tracking position myself, which I took mainly being inspired by your research. The main reason why the stock is drifting is most likely that there’s been practically no sales growth for several quarters now. Until some of the many inherent advantages that the company has translate into reignited top line growth, this may continue to be a sleeper. But when/if it does, the rerating could be dramatic.

Mar 24
at
7:12 AM
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