No worries at all Tane, my comments were “tongue in cheek”....

No worries at all Tane, my comments were “tongue in cheek”. Dwhale will look foolish to say the absolute least as the share price moves to $2 and well beyond in the next few years, but I try not to give him or her any extra oxygen!

TBH the Citi research is way too bullish and I think this actually creates some short term problems for LVT. For example the last ARR figure of $40.1 was awesome but as Citi was expecting $42m the market was a bit disappointed. Citi have got LVT achieving ARR of $147m in 4Q21 and hitting the $100m target in 2Q21 (forecast of $110m then). These numbers are patently ridiculous IMO although I’d love to be proven wrong. I don’t they’ll hit the $100m target until 4Q21 (which is absolutely fine and fits in with their targets) and with the increase in quarterly costs I don’t think they’ll be cash flow break even until the September quarter next year. That’s all good though. I still think this will be a multi multi bagger over the next decade!