CultureAmp have ~$100m revenue, plays in the EX space, has been around significantly longer than LVT, and valuation of $2-4b as a private company (ie 20-40x multiple on revenues). Would CultureAmp have a market cap of $4b on the ASX, no way, they'd be 1x multiple like the rest of the tech companies at something more like $100m.
Stop thinking like conspiracy theorists and start thinking like a business person. The ASX can NOT deliver us the valuation we deserve to make our shares reflective of the true valuation of this company, the solution is without a doubt get off the ASX.
There will be an avalanche of tech de-listings over the next 12 months.
LVT Price at posting:
5.9¢ Sentiment: Buy Disclosure: Held