Had a good chat with my broker who follows LVT. Expenses are high but company very confident of achieving 100m ARR. If that is the case and expenses are 31m does not matter. Agree very risky in this climate but I believe enough to make it a major holding of mine in a short while. People who are adverse risk should not be in this. Lots of risk and potential lots blue sky. Speak to people in the know like brokers who cover it and understand SAAS models. And VMK!!!
Good luck to all
Bill
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