LVT 0.00% 0.6¢ livetiles limited

Saw some big volume going through this week and selling into the...

  1. 412 Posts.
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    Saw some big volume going through this week and selling into the 45s.
    Believe this stock is a victim of tax loss selling based on it’s recent movements that will finish June 30.
    Agree with previous commentary that, if we get continued strong growth confirmed in the July quarterly along with similar growth of cash and a reduction in expenses, we should be experiencing positive SP growth to hopefully 90c later this year.
    Without conducting tech analysis, my thoughts are the next resistance point should be around 90c where cats that got in at 30c can 2 bag and take profits.
 
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