The process for board to be voted out takes a long time after second strike. The strike is for numeration which means board has to give a new numeration. Then that gets voted and again they do a new one if again its voted no. The very last resort if voted out. By the time that happens livetiles could be a much better or worse company and who will LVT get to replace them? Who has rhe experience and knowledge of ex and Ux and will work for less than current board?
They bbuyback would be from cash flow positive and mentioned in call. It won't be from raising.
After finally listening to the webinar I am now leaning towards voting yes. Main points.
Not sure why someone mentioned on here that they stated they would be profitable for 2022 because I did not hear that on the webinar. They did state they will focus primarily on large clients which means mid size companies will not be a focus anymore. This will obvious have an impact on ARR over the next year since LVT won't be gaining any new small or mid size cliwnts.
Not sure why anyone would still be commenting about losing rights or board don't have to answer or report anything when it's very clear that they will
still be reporting majority of things and shareholders will still vote on major things.
Liquidity will be less but at a much higher valuation which for me is more important. What's the point of having a lot of liquidity if ur going to sell so low. If I can double or triple my Investment in a couple of years just because I have less liquidity then I'm fine with that. I can still sell daily at smaller parcels and I strongly believe we will get some large spac wanting to buy.
Anyone asking for Karl and Pete to leave really has no clue what they are talking about and does not have the interest of company at heart. They are just being emotional adolescentes. Who will LVT get to replace them so quick and easily? Who has rhe experience in the EX and UX space that can just jump in and more importantly at lower wages than current board? I dont believe LVT would be able to find anyone cheaper and better.
I am a long term investor so I am thinking long term and it was mentioned in the call a couple of recent delisting that went up in multiples shortly after delisting. I feel LVT will do the same..
Staff recruiting and retainment would be fixed and also reduce costs since most wages would be based on cash plus performance options.
I trully see no benefit in remaining in asx other than allow emotional retailers to dictate SP at such low volumes.
Waiting on 4E but at the moment it's a yes.
I encourage people to research themselves and not just listen to me and especially not listen to the emotional adolescents having a cry because their emotions where hurt by Karl.
Check out the names Karl mentioned in the webinar that delisted and see what can happen. Security matters and updater. This is what I feel will happen with livetiles.
