LVT 0.00% 0.6¢ livetiles limited

check out board with this one, michael hill, hug warner, andrew...

  1. 603 Posts.
    check out board with this one, michael hill, hug warner, andrew gray, phil kapp, neil hackett - http://www.asx.com.au/asxpdf/20141029/pdf/42t9192nlstrzd.pdf - all have decent stakes, especially hugh warner and andrew gray and michael hill, pretty much identical to the board which was frr which is now rhp - before they put the newlease cloud-based business into rhp, the stock was trading between 0.9c and 1.2c, then they put newlease in and the stock went bananas to $1.20 (about 6c in the old money) over an 8 month period (5 bagger) i think as there was a 20:1 consolidation so 1c was equal to 20c, now it trades at $1, even selling now not a bad return and that was with the 85% odd dilution to the vendors to back in newlease. i also see that the main bloke of newlease (doug tutus) died before the transaction was completed, so these guys can buy a business that can basically run itself and go up 5 times.
    looks like these guys are operators - i am in.
 
watchlist Created with Sketch. Add LVT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.