Perhaps the M&A is a signal that organic growth is slowing.
I think their approach with an initial 40% is quite cautious. Management have skin in the game, i am sure they aren't going to bet the company on a deal.
I just don't know who the future buyers of LBL stock are. Sub $100m MC and illiquid. Small cap fundies won't be lining up.
Ann: LaserBond Dec 23 Half-Year Performance Summary, page-15
-
- There are more pages in this discussion • 3 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
70.0¢ |
Change
-0.010(1.41%) |
Mkt cap ! $81.72M | |||
| Open | High | Low | Value | Volume |
| 70.0¢ | 71.0¢ | 70.0¢ | $37.37K | 53.06K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12000 | 69.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 71.5¢ | 25000 | 1 |
View Market Depth
| Last trade - 15.55pm 26/07/2024 (20 minute delay) ? |
| LBL (ASX) Chart |