negative cash flows from operations (excluding anything to do with the Wizdom acquisition) almost doubled from 2018 from -$17m to -$33m. It's in the statements. They are burning through cash at twice the rate they were when they decided to raise this time last year with more in the bank than they do right now. In the long term view i see it as a positive. In the short term however this means a cap raise is coming. My guess is tomorrow but it maybe this week, it maybe this month, but almost certainly this quarter. The market already gave its opinion on this last week.
LVT Price at posting:
37.5¢ Sentiment: Sell Disclosure: Not Held