Pls try to find out about their initial expectation of start date of CDMO 4th project. Beginning from their first con call after listing. Try to find out how many times they have revised it. And still revising it. I would not call those guidance s conservative at all.
Try to find out about their capex timeline from each investor presentation and how frequently they changed it.
I shared earlier about few issues. You can check.
https://x.com/pankit66617087/status/1598977720377315332?s=46&t=rn4as_0nOnUYTgzw18ubZQ
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