LVT 0.00% 0.6¢ livetiles limited

Ann: LiveTiles announces voluntary delisting, page-10

  1. 168 Posts.
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    I suppose one big difference is, both of these companies had interested third party investors or proposed merger plans at the time they announced plans to delist. From this announcement, it doesn’t seem like there’s anything substantial in place. Just the theoretic potential for a higher valuation once off the ASX.

    If you read through the UPD announcement, it reads wildly differently to LVT’s announcement.

    https://hotcopper.com.au/threads/ann-updater-seeks-delisting-for-next-growth-phase.4360602/

    To be honest, I’m not sure LVT have presented a particularly strong case to delist. Apart from the potential theoretical revaluation, it seems largely more self serving than beneficial to long standing shareholders.

    That said, it’s clear the ASX doesn’t think too highly of LVT. So will a turn around in share price even be possible in the foreseeable future.
    Last edited by badkerning: 02/08/22
 
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