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0.6¢ livetiles limited

Huge wall of sellers. You would think at this price is good...

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seph17

775 Posts.

95

14/09/21

15:35

Post #: 56055506
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Originally posted by ChipLeigh: ↑

I started buying at 15c. I’ve been waiting for the company to reduce risk - which I feel it has now. The product is obviously good based on the clients they are pulling and the competition they are beating (Facebook for example).

Also I like the restructure of the business and the simplification of the product that has happened. I think many people don’t yet understand the business, but the numbers will justify it soon. But it’s always better to get in before this happens so you beat the crowd. I also understand that basically every holder is in the red at the moment , some for several years, and that can put pressure on the mind and cause people to sell. I think the future looks good from here so I bought in. 20% growth per year continues and we are looking at nice profits.

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Huge wall of sellers. You would think at this price is good buying. Is the seller the new shareholders that got brought in/ the acquisition? Just trying to get out...
or could be a capper for a privatisation. As mentioned in the media......

LVT Price at posting: 13.8¢ Sentiment: Buy Disclosure: Held
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