LVT 0.00% 0.6¢ livetiles limited

Microsoft top partner in latest TOP50, page-29

  1. nr4
    106 Posts.
    lightbulb Created with Sketch. 40
    guys i’m unsure if this is the case and this is just an idea. But we saw on the 12th of November that webtop had sold roughly 17 million shares on-market. This undoubtedly would have prevented the SP from rising. Between the first date of webtop selling and the last, we had annual report, microsoft co-sell arrangement, new record deals, improved financials and the solution of the legal battles. These were all positives and now that there is no institutional investor selling on-market, we are starting to see what regular investors think of the stock. i.e undervalued and priced above 30c.

    This is just my idea on why we have seen strong growth over the last two weeks.
 
watchlist Created with Sketch. Add LVT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.