this is actually one of the "better" stocks i have followed over the past 5 or 6 years. back in the old gradipore days i used to think of it as one of my blue sky shares along with slx. just wish i had stuck with slx hey...
last time i traded lfe up to $2 but came out with a worse than expected FY result in 06. back then they were promising strong profitability for FY07. promises always seem to be just over the horizon with these guys, delivering is a different matter.
strong revenues show there is the potential for a lucrative business there somewhere ala companies like cmp & ems but delivering profits is what it is all about.
after a considerable consolidation phase i would be interested in lfe again at some point in the future but the long termers look to be in for a bit of pain yet.
LFE Price at posting:
0.0¢ Sentiment: Hold Disclosure: Not Held
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