LVT 0.00% 0.6¢ livetiles limited

Ann: LiveTiles Limited responds to media speculation, page-11

  1. 2,585 Posts.
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    With FIL now having a 10% blocking stake at this price, there will be a few ‘rounds’ to play out.
    Th late Rene Rivkin always said the first price in a takeover is nearly always not the last / final price.
    First their needs to be a schem of arrangement contract between LVT and BTH. Just before the shareholder vote on whether to approve the scheme, the bidder will sweeten the price, maybe 8c or even a little more, the the scheme will be approved with Karl and others agreement. It should be done by the end of January 2023. LVT no more. I bought back in today (having sold months ago) as I see there is say a 10% + gain to be made over these next few months.
    This share market is tough and any gain is worth taking.
 
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