Company has failed to service debt again in March as disclosed in their filing today.
Market didn’t react negatively to the news infact stock closed strong.
But this red flag has totally changed my investment rationale.
I don’t see a point of being stuck in hope investment.
I’ll keep a watch on the stock, since I am extremely interested due to valuations of the company and it could be a potential take over candidate.
But for now marking an exit, till I develop conviction.
Ps: Not a suggestion.
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