LVT - Valuations, page-51

I would have to do much more research if that was the case! I have no doubt and look forward to hearing from VMK again once Q2 results are out. We are in the quiet period currently given that the quarter has finished with many people still on holidays. From previous timings, we can expect an initial update from LVT the week commencing 13 January followed by the full 4C the week of 27 January.

Some may remember that back in March 2019 many of us were considering a MC between $500m and $750m if the company were to hit $50m arr by CYE2019. Well, I think there is a very good chance that the $50m goal has been achieved but yet here we are at a MC c.$235m. It highlights that there are many factors that sway investors in the asx.

Let us see what Q2 brings. But lets also remember that quarterly growth is not linear and that we are still 18 months away from ruling a judgement on the companies performance against their stated 30 June 2021 goal.