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Ann: 2021 Annual Report, page-45

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avinvest

919 Posts.

323

05/11/21

16:07

Post #: 57352781
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Originally posted by WoosterBrewster: ↑

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.

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I don't think that they are after that company but after that tool (to assess mental health) which they can now integrate into the LVT EX suite.

LVT Price at posting: 11.8¢ Sentiment: Buy Disclosure: Held
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