Great example. I followed NEA since 2015, but only watched from the sidelines and did not invest. They languished around 50c for almost 3 years and I thought “Ha, suckers... this is another company that’s going nowhere”. 12 months later it proved me wrong.
I’ve done so much research on both LVT and NEA, and I see strengths in both. I have a similar level of investment in both as I think they’re both just starting out, akin to XRO when it was $10-$15. Burning cash and simply trying to grow subscription revenue since 2014. Even today, they’re still spending money to acquire customers. Unsatisfied with only New Zealand and Australia, they’ve taken the battle globally but they’re still playing the same game - spending money on staff, wages, leases and sales and marketing - all in the name of growing REVENUE, in particular sticky recurring subscription.
- Forums
- ASX - By Stock
- LVT
- LVT Expenses
LVT Expenses, page-144
-
- There are more pages in this discussion • 29 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LVT (ASX) to my watchlist
|
|||||
Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.474M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
LVT (ASX) Chart |
Day chart unavailable