LBT 6.67% 1.4¢ lbt innovations limited

Ann: $4.5 million Entitlement Offer, page-28

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  1. 2,650 Posts.
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    No revenue likely until December 2024? This CEO does not appear to be talking and acting like a business owner and with real 'skin in the game'.
    The only way forward is for LBT to fail, and someone with some capital to take this forward.
    Brent was initially avoiding the question about interest in enquiring the technology.
    He is defensive and is trying to 'hang on' for as long as possible.
    I am a recent buyer in at 3.6c.. I cannot see the justification to pouring more money after bad.
    Technology sounds great but how come no sales?
    Is there something LBT management are not telling us about the product or feed back from the industries into which sales made.
    Is the dire situation realistically able to be recovered.
    If the Board is not buying, then there is no alignment with other shareholders.
 
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