LVT 0.00% 0.6¢ livetiles limited

Why the hell is this price dropping, page-148

  1. 88 Posts.
    lightbulb Created with Sketch. 25
    Yes...  the $11mil/qtr cash burn, which rises to $13mil next qtr. At this rate, they will need to do another Cap Raise in around 6 months.


    You will also notice that their revenue actually decreased from last qtr (June18 = $3.4mil, Sept18 = $2.4mil), yet their expenses nearly doubled.


    I'm a big fan of LVT & AI in general, and it has been good to me when I held it in the past, but until they grow that revenue enough to cover the cash outflows, you will see the SP continue to decline. Pretty significant losses & low revenue for a $220million MC company - especially in the current market climate.


    I was planning on getting back into LVT around January next year, but after this 4C, will hold off getting in until after the March 2019 4C is released... assuming they have increased revenue by a huge amount.


    Best thing for holders IMO is to either sell at a loss, or if it's too big a loss, put it in the bottom drawer and come back in a year when their revenue improves.

    Last edited by nickle233: 29/10/18
 
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