Hi! My first LVT post. I've been buying LVT since they listed and have collected more than my fair share. I feel strongly LVT is a winner. I've read all HC posts and the sentiment of HC holders is focused on high cash burn and need for further cash raise. My issue: has anyone done the figures on when more money is needed? LVT raised $27Million this financial year which is in the bank. They have ARR of 18.6million at last announcement... which has to delay the need for cash to some extent... and the current ARR will be higher than that... my best guess is therefore toward the end of 2019 for a cash raise... which allows a long time to add income... if I am right the current SP is an absolute bargain... thoughts??
Gav
LVT Price at posting:
30.5¢ Sentiment: Buy Disclosure: Held