my thoughts on this....
the good news is being saved for closer to voting time to avoid a second strike.
The news that has been promised for Q3 must be delivered or LBT might as well fold as a company. the share price will be 2-4 cents IMO.
in terms of 1 being terrible and 10 being good I took todays announcement as a 4.
more promised sales but not physical sales.
the us salesman has been employed for a long time without delivering so far. imagine how he would be going if he was a new car salesman in Australia.
the market agreed with my sentiment today. the sellers increased and the buyers decreased. heading back towards the low 7s without some news in the next fortnight. i will buy some more at about 6-7 cents should it get that low.
some big walls to get through if we want to see double digits again.
5 months since good news, page-135
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Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.73M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.9¢ | 1.7¢ | $38.37K | 2.191M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1408000 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 1374000 | 8 |
View Market Depth
| Last trade - 15.06pm 02/10/2024 (20 minute delay) ? |
| LBT (ASX) Chart |