I have included the Winya Indigenous furniture business owned 49% by IVT. What do you think that is worth with Indigenous organisations reaping large sales from Labor Governments across Australia? Group sales including Winya are forecast $35m for FY24. FY23 IVT invested heavily into North America for Havavoid without the revenue that is coming in FY24 and FY25. What do you think that is worth? I could go on about IVT Technology products and services but you can read that for yourself. The biggest issue for me personally is the market doesn't have any liquidity along with the furniture and technology businesses not being a great fit. This makes it hard for the market to understand the true potential of IVT. It is up to the Board to communicate this much more effectively. As for a valuation today of less than a 2 bedroom unit in Sydney this is the laughable bit. DYOR.
IVT Price at posting:
3.0¢ Sentiment: Hold Disclosure: Held
