LVT 0.00% 0.6¢ livetiles limited

Ann: ASX Announcement ASX queries, page-28

  1. 2,287 Posts.
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    You are back to trusting their financial statements again? Do you ever learn?

    What do you think going into receivership is going to do to their sales and retention?

    This could take years to resolve. Even if it takes less than a year, do you think this business is going to be listed again under LVT?

    Any sale is likely to be to another vendor and it will be a cut price. 1) the receivers don't care about a good deal for shareholders 2) they don't have much choice.

    Ultimately, selling at 0.6c a few months back would have been a better option than what lies ahead
 
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