bought some at 9.1. Dont know where the bottom is since i dont feel the drop in SP is based on financials but rather on sentiment. Unless someone knows something we dont know but i just cant see how a company that has 64m ARR with 14,5m in cash receipts last qtr can be priced at 82m.
Them leaving the S&P/ASX tech index would have had a major affect on SP with funds selling up but that would have happened months ago. Now i really feel its just long term investors losing patience and fearing it will drop more and selling up.
I have orders of 50k shares every half a cent all the way to 7c. All ready reached my goal but ill keep buying at these low prices.
LVT Price at posting:
8.8¢ Sentiment: Buy Disclosure: Held