RE: Exciting5 Jun 2023 16:06
The other way to look at it is that we can pay down the debt sooner and get an immediate saving on legal costs and interest payments. By my estimates, we’re now looking at 25-30m profit this year, meaning ANX is trading at 3-4 p/e. Another settlement with Mercedes and the focus on cash generation from receivables makes this a potentially great turnaround play. Good price to buy in IMO