I agree with one more quarter.
Its all fluff and huff with Karl and no end result. No sense of a strategy.
All software companies have been marked down recently so perhaps LVT is a victim of wider macro trends. Yet other SaaS companies still are showing growth with a clear go to market strategy- eg WSP. With LVT i think it all a bit confused with sales strategy changing all the time, cuts in staff and then rehires. One has to think about the quality of management here. If LVT cant maintain a growth trajectory then whats the point, Karl should then step down and get a new, professional CEO with a fresh vision in. At least cash burn is low and we wont see a CR for another 18 months at least.
But ultimately the Board needs to assess the quality of management disregarding how many shares that person may own.
I agree with one more quarter.Its all fluff and huff with Karl...
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