I am just a shareholder. I held LBL& have been posting about it...

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27/12/23

16:46

Post #: 71630871
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Originally posted by Abacoolloo: ↑

I have read @Grasshopper59 comments with great interest as a shareholder and believe them to be honest, forthcoming and articulate.
I don’t believe he has slandered the current board, only offered an opinion of their shortcomings, and who better to do so with the past knowledge he has of them.
Of course, they will have their side to the story and apart from their recent announcement, they haven’t supplied much information as to their objections to Gregory playing a future role of some sort in the company. Are they worried their own positions may be threatened or exposed?
I was concerned at the time regarding the sale of his shares but he has explained that to my satisfaction if true. I know from personal experience that I do things to simplify my life in times of stress and anxiety which upon reflection may not have been the best option.
@3500 you are correct regarding the share price at the time Gregory left the company (I checked) but whose to say that the current price isn’t because of things that he put in motion before leaving?
@3500 you seem pretty knowledgeable about Laserbond and I respect your posts. Are you just a shareholder or are you affiliated with/are a board member.

PS Saw a documentary about railways and the wear of both wheels and tracks and the technology and innovation of their design, are there possibilities there for Laserbonds technology? Seems like wheels need constant reengineering. And tracks wear out on bends. Just a thought from a small fry.

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I am just a shareholder. I held LBL& have been posting about it for more than a decade.
As I mentioned I have never met or spoken to Greg nor have I met or spoken to any other board member. I have never attended an AGM.
It is all a numbers game.
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As a side note ,this reminds me of Walter Schloss upon whom Warren Buffett bestowed the title of "Super Investor".
He never met or spoke to management of his investee companies. He just ran numbers & bought the cheapest companies that traded well below its NTA or preferably below its working capital.
I don't ever talk to management, BUT .......I am NOT a super investor nor do I always buy cheap companies.

LBL Price at posting: 87.0¢ Sentiment: None Disclosure: Held
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