LVL 4.35% 22.0¢ lv living limited

If you have read the annual report - they have no cash and...

  1. 53,839 Posts.
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    If you have read the annual report - they have no cash and little assets of any worth - they have stated a raising is a round the corner - you must be crazy IMO. Why don't you buy something that has a chance - you may lose the lot here. The report states their is very chance that LVL will not be an ongoing concern. The boards has crumbled - they cannot even pay themselves - my final warning to you.

    You will need a miracle and there will not be one looking at their business plan and change of direction. The product they are attempting to sell is worthless and not competitive.

    Major avoid.
 
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