LBT 0.00% 1.7¢ lbt innovations limited

FDA Approval, page-21

  1. 3,850 Posts.
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    PE

    IMO APAS different niche market, huge savings to be made. BIO might have paid a penalty but I don't think they have sold any shares?

    With an estimated $1.2B cost p.a for manual process, there is bound to be a return on investment for the LAB which should make it attractive.

    The company is at the crossover point and with $6M in the bank no need for a capital raise either.

    Our Market Cap is less than Book Value for the cost of the Tech.

    The Market will price this as a divided stock, any hint of a strong uptake will see the SP multiples of where we sit today.

    2C a share divided would put the SP around 30-40C IMO . We have a cash backing of 6c lol...

    Cheers
 
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