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0.6¢ livetiles limited

Ann: FY23 Results Presentation, page-37

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asx11

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06/09/23

14:57

Post #: 69755706
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Originally posted by Quesoche: ↑

Insolvent means there are more liabilities than assets. It’s against the law as noted in the corporations act to trade while insolvent so they obviously must raise cash, and are desperately trying to fix this as we speak.

I don’t believe they can raise cash. I am quite certain VA is the only logical choice (as the insolvency processes provide legal defence to directors).

There are almost no positives to a company bleeding cash while also losing revenue. Not sure why you are so defensive, and I note, have been vehemently defensive for many years against any logical comment noting the shit drain the company is.

No offence, but holders are in trouble and have been for many years.

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Go on. "There are almost no positives to a company bleeding cash while also losing revenue."

So what are the positives?

LVT Price at posting: 1.0¢ Sentiment: Buy Disclosure: Held
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