Got out at 10c and glad I did. The market is forward looking and no sophisticated investor thinks this company is going to succeed in future. It’s just fools and horses left riding this into oblivion. Spoke to a guy who works for B2B intranet in the States with 2,000 employees. He’d never heard of Livetiles and when he took a look at it he laughed. Sometimes it’s hard to give up on a company you believed in but the reality is this company is toast. It spends too much money and it’s not growing revenue at anything more than a snails pace. it’s trying to buy revenue but that is only delaying the end. And it won’t end happily. I’ll check back in in 6 months
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Ann: FY22 Q3 Quarterly Activities Report and Appendix 4C, page-161
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