The latest Microsoft Ann should be proof enough that LVT has the ammunition to go higher.. much higher. I agree that there will be a period of consolidation. I think most would agree that a buy in the 59.5-62 territory is highly likely to yield a strong return especially with the recently improved PT. quite honestly, I would have preferred that LVT had not offered the 2m cap raise to retail investors as we are having to wait a considerable amount of time for this to clear so we can be rid of the 59c spectre. they were trying to be fair on existing holders (credit to them) however it is frustrating.
LVT Price at posting:
62.0¢ Sentiment: Buy Disclosure: Held