Yes Valuesearch data actually shows that LVT in the january qtr was for the first time positive R of 40 and this qtr again. His data actually shows how well LVT has improved over the last couple years exactly like i said it was starting to happen and i believe it will continue to happen.
Not only has improved and gone positive but with very minimal marketing invsted over 2 years which means with the new hub in phillipines and portugal not only will we improved cash burn but our sales should improved dramatically which means the R of 40 will go much higher in my opinion.
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- Ann: FY22 Q3 Quarterly Activities Report and Appendix 4C
Ann: FY22 Q3 Quarterly Activities Report and Appendix 4C, page-191
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