gAMB Deep value play on prediction markets & US Gambling Growth

You do realise my entire paragraph was pointing out it’s concerning they essentially have a 160m+ (or 120m cash and 40m stock) commitment due within 3 years and you just responded with “they have 165m debt facility for 3 years”? Makes no sense like how does it address my point at all? And then you say they are arguably under leverage and then put in brackets (I wouldn’t argue that). What? Am I just not understanding English or are you contradicting yourself literally with the next word? My analysis points to a fact that within February 2028, you have 80m+ of bank debt due and you also have 80m of commitments to oddsholdings due which 40m has been paid now (which probably means bank debt increases at Q4). So you have 160m worth of commitments due in Feb 2028. This is approximately 2 years. 2026 end = 1 year. 2027 end = 2 year. + 2 months. And if you add any payouts or settlements from the lawsuit, you increase that further. Am I just crazy here or what? How can the rational analyst not be concerned about the company’s ability to meet its commitments and discount accordingly? The entire notion they’ll be debt free in 2 years to me is so weird because if you have 120-160m worth of commitments due in 2 years then you need to generate 60-80m of FCF. And even your own mentions of FCF which is very optimistic and not as conservative as my estimates puts it at 40m. Not 60-80 required to clear the commitments.