Australia's largest stock trading and investment forum Australia's #1 stock forum

LVT

0.00%

0.6¢ livetiles limited

Good insights thanks for sharing JP

First 14 Last

Share
Profile

Follow
Sabrexdota

150 Posts.

42

25/08/21

01:01

Post #: 55543430
Share

Originally posted by JPjpJPjpJP: ↑

In Australia, you must disclose any substantial holding in a company of over 5%, then any incremental 1% on a T+2 basis. This then gets disclosed to the whole market. 5% of LVT is a mere $7m and the incremental 1% is only $1.4m. That’s tiny for instos. So given the lack of disclosures, that clearly isn’t occurring.

If you are planning a takeover, then any holdings via derivatives like swaps must be included in aggregate holdings and reported if > 5%.

In November, all derivatives must be aggregated with any normal equity holdings and disclosed if total is > 5%, so will be even easier to see accumulation.

I’ve said it before as a holder of LVT and I’ll say it again as a current non-holder, to try and dispel some of the comments about accumulation above.

Accumulation is NOT done in lite volumes on a stagnant share price. Additionally, if accumulation from a big player was occurring, they’d be over 5% and forced to disclose. It’s just not occurring at the moment.

Look at the share price just before Fidelity declared their substantial. That is what share px and volume does when someone big is accumulating.

I agree that LVT is quite possibly heavily undervalued at the present, but it’s been written off the radar off instos at the moment. It’s been written off for reasons that many posters have discussed here. Hopefully that changes soon on the back of strong growth. If it does, you’ll realise what accumulation looks like as share price moves aggressively north.

Expand

Good insights thanks for sharing JP

LVT Price at posting: 15.5¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

STK

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

The market's shrugged at China's stimulus measures all year. Why is this one different?

KAL

KalGold rolls out detailed aeromagnetic survey across Pinjin project

DEG

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

NAM

ACCC seeks Olam divestments before it can buy Namoi Cotton

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

The winners & losers on market if negative gearing were gone

ESR

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

There are more pages in this discussion • 18 more messages in this thread...

First 14 Last

Add LVT (ASX) to my watchlist

Good insights thanks for sharing JP

Top Stories

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

The market's shrugged at China's stimulus measures all year. Why is this one different?

KalGold rolls out detailed aeromagnetic survey across Pinjin project

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

ACCC seeks Olam divestments before it can buy Namoi Cotton

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

The winners & losers on market if negative gearing were gone

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Featured News