LVT 2.27% 21.5¢ livetiles limited

Why the hell is this price dropping, page-138

  1. 60 Posts.
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    On the first page of the SHARE PURCHASE PLAN booklet they say that they where spending the money from the capital raising 'to accelerate investment in the Company's sales, marketing and customer success teams to drive further customer and revenue growth and for general working capital purposes'.

    They are opening an Asia-Pacific headquarters in Geelong, see link below.

    https://www.geelongadvertiser.com.au/news/geelongbased-software-company-livetiles-begins-recruitment-drive/news-story/2b800c258f9162339cbc175d7a438d8a

    Why is it a surprise that they are literally buying revenue growth.

    First to market advantage for bots and other software might lock in customers for life.

    Bots work 24 hours a day, no sick leave, holiday pay, superannuation or wage. Just pay LiveTiles for the Bot.

 
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