Agreed! But don’t you think the prices has just taken the reversal and early sign of big bull run in this stock even fundamentals I believe the company has gone through a really rough patch, end of a long capex cycle due to all this company will be now forced to repay its debt in staggered manner as most capex has already been done, considering that most of cash flow then will be used to repay their debts also, once the debt level goes down meaningfully they could possibly think of listing their subsidiary in US exchange (as they will get a better valuations ONLY if debt is lower) which could potentially fuel in debt reduction even further as that is the only way of bringing the business back from this situation.
I may be biased as I just bought the stock right before the recent surge in the prices.
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