They do say cash flow positive by 1st half of 24 and even in the call David also mentioned that so im assuming cuts will start immediately and go into 24 when contracts finish like karls. Also the anouncment says David will be here for 6months to see the full implementation of the cost cuits and restructuring.
o im expecting immediate cuts for certain roles and by june 24 we should be cash flow positive.
Afetr what we saw with twitter and Musk getting rid of %90of staff and still running the business then i can see it being possible for lvt without affecting clients. The october updates are also due in 20 days.
- Forums
- ASX - By Stock
- LVT
- Ann: Restructure and Cost Reduction Program to Achieve Cashflow
Ann: Restructure and Cost Reduction Program to Achieve Cashflow, page-31
-
-
- There are more pages in this discussion • 38 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
FWD
Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm
RNU
Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some
Add LVT (ASX) to my watchlist
|
|||||
Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.474M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
FWD
Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm
RNU
Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some
LVT (ASX) Chart |
Day chart unavailable