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@bentas74. Now that tarriffs have lifted to 25% I would be...

  1. techfacts
    587 Posts.
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    11/05/19
    09:45
    Post #: 38516665
    @bentas74. Now that tarriffs have lifted to 25% I would be interested in your views on how LIFx will mange this and how they can possibly breakeven by end of year without going broke. If my recollection is correct the tariffs at 10% cost/lost them $1m. This cost/loss just jumped 2.5x to $2.5m, a lot of money for a business with huge burn and big debts? IMO
    BUD Price at posting: 6.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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