LVT 2.27% 21.5¢ livetiles limited

I don't really want to bag his stock because a mate of mine is...

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  1. 145 Posts.
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    I don't really want to bag his stock because a mate of mine is in it and the potential is there with Microsoft.


    But do the math. Expenses / Revenue.



    Last year it cost them $2.3 to generate every $1. This year it costs them $3.9 to generate $1.



    The cash burn is getting worse not better.



    Contractors increased from $600k to $9mil. $9 mil in Employee benefits and over $2mil in travel and entertainment. No notes on this provided in the Profit and Loss.



    In my opinion it has been a Sell for some time.
    Last edited by Speculation: 27/02/19
 
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