CL EDUCATE – Less Down side and unlimited upside

I have been in their conference calls. I feel management lacks fire. I agree limited downside but don’t agree to unlimited upside. I will give them some more time before exiting to prove me wrong. Issues I see are

1. They knew CLAT test had moved and crash course will be of no value. They were found sleeping and did nothing.
2. CUET progress is too slow.
3. It seems they have lost market share in MBA as well
4. The metaverse that they show in very toyish built by interns it seems

Invested and Biased.