It is certainly priced for growth as the PE has blown out and the div yield has fallen significantly at present sp.
I imagine price will fall back if further international sales do not occur in the short term, which could prove a buying opportunity (if it happens). Long term I would speculate that over 50c sp is likely as demand increases for their unique cost saving products and services.
Ann: LBL Successfully breaks into US Steel Industry, page-16
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LBL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
71.0¢ |
Change
-0.005(0.70%) |
Mkt cap ! $82.89M | |||
| Open | High | Low | Value | Volume |
| 71.5¢ | 71.5¢ | 71.0¢ | $39.97K | 56.05K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20973 | 71.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.0¢ | 14287 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| LBL (ASX) Chart |