Totally agree. Our only way is to stand up together to kick the...

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JJ2009

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14/10/21

11:58

Post #: 56794214
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Originally posted by JPjpJPjpJP: ↑

-They lost a huge amount of LVT balance sheet settling a lawsuit that investors were largely not aware of, then had the hide to say they weren’t going to talk about it any further.
-They didn’t come close to their $100m ARR target by FY21
-They haven’t shown discipline in keeping costs down. Yes, they have reigned in, but feel the market wants to see that maintained before giving benefit of the doubt. Seems like large amount of hiring going on so what does that do to costs.
-What is their great strategy for future growth? The strategy has flipped and flopped for the last half decade.
-Massive degradation of shareholder wealth hasn’t slowed the performance bonuses they paid themselves.

The plethora of posters here who have followed the co closely for a long time have pretty clearly shown sentiment to LVT management’s performance. Maybe take the time to read through historical LVT news and presentation, as well as HotCopper threads, rather than demanding people tell you because you can’t be bothered doing the work yourself.

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Totally agree. Our only way is to stand up together to kick the bloody lawyer CEO who had no creativity in IT development ( only got the product now through rounds of capital raise by acquiring 3 other companies ) out of the door , or hopefully someone can buy as a whole to take over .

LVT Price at posting: 11.5¢ Sentiment: None Disclosure: Held
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