LVT 2.27% 21.5¢ livetiles limited

Ah OK got it. If you like look closely it appears (based on the...

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  1. 4,317 Posts.
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    Ah OK got it.

    If you like look closely it appears (based on the N3 agreement) that they are being paid on a monthly basis - the committed ASR is heavily back ended to the last six months and three in particular - so will likely begin to follow through in next financials

    You will also note, revenue in previous financials did grow at 177% over previous corresponding period so is inline.

    Problem with committed/contractual could be (would need to confirm) that if customers are paying monthly they can pull out at any moment - at best it would be contracted on yearly terms - so I agree with your assertion that up coming yearly and quarterly accounts need to be monitored closely you are correct.

    At this stage it appears (as I have suspected) growth prospects have really picked up in the past six months - time will tell...
 
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