The price is here because growth has stagnated. They’re spending next to nothing on sales and marketing relative to their peers who are driving 25%+ growth (look at their sales and marketing spend). In saying that all though, investing 900K in someone else’s company was a dumb move. I didn’t invest in LVT to be an angel investor in someone else’s company.
The price is here because growth has stagnated. They’re spending...
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