LBL 0.00% 70.0¢ laserbond limited

Ann: December 2019 Appendix 4D & Financial Report, page-18

  1. 33,670 Posts.
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    I see LBL as having a bright future in a depressed economy , as you mention repairing has less capital intensity than buying new , and that argument is leveraged positively in that when Australia has a depressed economy its exchange rate also gets depressed against the Euro and US$ so for example an A$2m dump truck a few weeks ago now would cost A$2.4M on indent so an even less appealing investment compared with getting the old one repaired in $A .
    Good to see the CEO buying on market , wonder if LBL has any expertise in 3d printing parts needed for ICU hospital wards for corona patients
 
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