How quickly sentiment changes over the course of a few weeks....the sudden SP spike was never sustainable with notification of FDA approval. Good FDA news gave the SP the impetus it needed to get out the teens, and investors need to see actual revenue realised (or impending) before a long and sustained SP growth spurt. Good news will only carry it so far.... Yet, it amazes me how quickly viewpoints change when an overinflated spike retraces.....and it WAS inflated.....FDA approval was a precursor in the generation of possible revenue, the actual revenue is yet to be realised. LBT is a long term hold, until it brings in the money, investors looking to make a quick buck will be in and out.....just like a brothel. Yes, some are in it for short term gratification, but the savvy investor will hold, crystalising gains in years to come. Investing in the sharemarket has never been one for the fainthearted. Get a grip people, this puppy will go up, she'll go down, she'll go up, and she'll go down again (brothel or not)...
Best of luck to all who have invested in the technology....the 'investment' in the SP will come....albeit a little later than some hoped (or indeed hyped).
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1.4¢ |
Change
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Mkt cap ! $24.60M |
Open | High | Low | Value | Volume |
1.4¢ | 1.5¢ | 1.4¢ | $12.37K | 881.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 983570 | 1.4¢ |
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Price($) | Vol. | No. |
---|---|---|
1.5¢ | 49999 | 1 |
View Market Depth
No. | Vol. | Price($) |
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4 | 983570 | 0.014 |
5 | 1381995 | 0.013 |
3 | 261000 | 0.012 |
2 | 78500 | 0.011 |
5 | 1129004 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 499905 | 4 |
0.017 | 623750 | 4 |
0.018 | 392000 | 2 |
0.019 | 381203 | 2 |
0.020 | 960000 | 1 |
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