Business
Why the LiveTiles (ASX:LVT) share price is surging 17% higher today
The LiveTiles Ltd (ASX: LVT) share price has been a strong performer on Wednesday.
In afternoon trade the intranet and workplace technology software company’s shares are up 17% to 24 cents.
Why is the LiveTiles share price storming higher?
As we covered here earlier today, LiveTiles requested a trading halt this morning amid media reports that private equity firms were interested in launching a takeover approach.
The report claims that the low multiples its shares trade on relative to its peers have caught the eye of international investors.
This afternoon the company confirmed that it receives unsolicited approaches by parties interested in exploring a corporate transaction from time to time.
However, it advised that it is not…
-
General11 hours agoWondering about winter | The Spectator Australia
-
Noosa News19 hours agoOz Lotto’s $70 million jackpot won by Queensland syndicate – but not all of the winners know yet
-
Noosa News17 hours agoMan charged with murder after wife found dead in suspicious house fire near Toowoomba
-
Noosa News16 hours agoCameron Hunt, 45, charged with murder after body of his wife Louise Hunt found inside their Geham home just outside Toowoomba