LVT 0.00% 0.6¢ livetiles limited

Back when LVT did the last cap raise, it was ~74c and dropped to...

  1. 237 Posts.
    lightbulb Created with Sketch. 14
    Back when LVT did the last cap raise, it was ~74c and dropped to the offering price of 59c. given the cap raise had an insto and retail component, the immaterial retail component had a delayed time to completion, which dragged the SP and LT holders through the mud. as holders grew weary, bots and DTs on a daily basis slowly drove the SP down. My thoughts are that given the LVTs historic exposure to such downward manipulation, any negative news seems to have a bigger effect than warranted. Likewise, however, the SP rockets upwards on good news. From a medium term viewpoint, LVT is a winner and can easily go back to 57c plus. I have a moderate holding, and will be happy whichever way the SP goes in the ST I.e. I am happy to top-up further. just my thoughts.
 
watchlist Created with Sketch. Add LVT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.