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Ann: Results of Extraordinary General Meeting, page-25

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stephencca

942 Posts.

341

07/09/22

19:47

Post #: 63573778
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Originally posted by stephencca: ↑

they are going broke as they are nearly break even with money in bank. In addition, the bankings have not caught up with the ARR, so cash takings will grow over next year. They will also have reason to focus more and only spend on productive priorities. And cut the 2 large salaries. They can’t raise money issuing shares as they couldn’t raise enough. TTT RAISED $9m and could get more as you are limited to a % of current no of shares per ASX RULES. So they won’t be able to raise enough $ as shares are too cheap. It will produce focus. They probably need a good business CEO who can focus and direct everything. The creative designers are usually not that type. If they need to focus on fewer but larger prospects it is more likely to happen when there is reason to be anxious.

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not going broke…..

LVT Price at posting: 4.7¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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