Also what these green horns don't understand is that Atlassian...

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Bigtuna87

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26/12/18

20:23

Post #: 36960588
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Originally posted by KainCarver: ↑

The cash burn issue has been discussed ad nauseum. As of Sept 30 LVT had $32M in the bank with this Q's outgoings expected to be 13.2M. Please correct me if I am wrong. I think the majority of retail investors/traders are simply too short-sighted and fearful to fully comprehend where LVT is heading.

If you're going through a hyper-growth phase (as LiveTiles are), you need to reinvest heavily in your products promoting them through an aggressive sales and marketing campaign in order to compound future growth. Try comparing LiveTiles to where Atlassian was when at the same age.

Quote from our CEO Karl Rebenach: "We could have turned off a lot of costs when we reached $4 million ASR and printed money for a while, but our ambitions are much bigger than that."

Having said all that, different opinions make the market, and while it may be a weighing machine telling us it thinks LVT is overvalued, I for one think the market has it wrong and will continue to buy and build a sizeable position making Livetiles the largest holding in my PF. I am however looking a little further down the road than most here I assume and thus everyone must make their own decisions.

Wishing you all a fun & safe New Years.

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Also what these green horns don't understand is that Atlassian have been making a loss at FY 16, 17 & 18! And guess what....they've been reinvesting back into the business for growth! they've grown their revenue by 162% from '17 to '18, Livetiles? 260% growth! the difference is atlassian's price has continued to climb with forward thinking investors unlike the ones on Oz and on this forum. And hey guess what aswell!... Atlassian has a few bad reviews on glassdoors....shock horror

LVT Price at posting: 27.5¢ Sentiment: Hold Disclosure: Held
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Also what these green horns don't understand is that Atlassian...

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