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2. FREE CASH FLOW AS VALUATION TECHNIQUE Instead of focusing on dividends, another approach is to focus on free cash flow. Moreover, concentrate on positive
2. FREE CASH FLOW AS VALUATION TECHNIQUE Instead of focusing on dividends, another approach is to focus on free cash flow. Moreover, concentrate on positive free cash flow. Question: Why would a company, typically, have a negative free cash flow and is a negative free cash flow a bad thing
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