LVT 0.00% 0.6¢ livetiles limited

Eloi - the only similarity between Livetiles and Amazon is that...

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    Eloi - the only similarity between Livetiles and Amazon is that both share prices have gone down at some point in their life-cycle.

    Amazon revenue grew from $610mn in 1998 to 3.93bn in 2002. Whilst the share price dropped from $113 to $6, revenue grew more than 1.9x ($1.64bn to $3.12bn). Bezos has proven to be one of the best entrepreneurs in history.

    Livetiles is not experiencing any remotely similar growth during share price decline and I don’t envisage Karl to be on a similar level to Jeff.
 
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