LVT 0.00% 0.6¢ livetiles limited

Post Raise Craze set to Amaze

  1. 522 Posts.
    lightbulb Created with Sketch. 130
    Im expecting this stock to perform strongly post raise.
    This oversubcribed placement should consist off some new long term insto's, some current instos , some insto and sophisticates who have already been selling their stock expecting the raise , and experienced investors whom can see the future. Citibank who are doing the raise have been the biggest seller over the past 2 months , followed by Credit Suisse. As ive said before there is no better time to be buying this stock at this price. This company currently has a market cap of around $300m - at years end it will have around $50-55m worth of cash on hand, have ARR of 50m which means at a muliple of 10 times for a Saas company should be trading around half a billion.so stock should be up around 66% so back to the 50-60c rangewhere it was trading a few months back before the credit raise started weighing on the stock.
    Without external market forces or another GFC this is the bottom for this stock. This is a great growth business cash up, currently ARR would be around 45m so its trading around 7 times
    By FY20 ARR will be around 65-70m off top of my head , cash in bank will be 40m so stock will be trading new highs.

 
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