LBT 14.3% 1.6¢ lbt innovations limited

Ann: Completion of Placement, page-303

  1. 644 Posts.
    lightbulb Created with Sketch. 48
    Athuros, you seem to be coming from a position of belief that we probably are where we should be share price wise, and you are probably right but you were also wrong.
    Yes the market pushed the share price up over $1 and this was not directly the CEO or BoD's doing.
    Given the CR was probably a thought bubble and more pre FDA, BB had a great opportunity to cease the moment given the extraordinary response and interest from the market. The market alone would have supported a higher share price then 31c.
    The point is and the anger is coming from his lack of initiative to take advantage of a higher and supported share price and as it transpires it is now apparent his motives maybe have been greed driven.
    At the end of the day there is overwhelming disappointment in his actions and the sentiment will stick for sometime.
    He could have done better, pure and simple.
    I am sure the technology will get us there in the end, this is why I have held for 10 years occasionally rolling my eyes and gritting my teeth, however the/my pot of gold will be smaller now and possibly take longer.
 
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