LBT 7.14% 1.5¢ lbt innovations limited

5 months since good news, page-14

  1. 906 Posts.
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    i will try to answer your questions with my opinion as you asked them.

    the marketing agreement has eventuated to absolutely zero. BB did state at the AGM (4 months old now) that Bc hadn't placed a machine. they have done some promo interview type things. it was said all the way up until the marketing agreement it would be a distribution agreement but then we got a marketing agreement.

    kate stated in the AGM that BB had been going around while he was in Sydney getting votes and talking to big players. you draw the dots.


    i would have expected the distribution agreement/marketing agreement with BC in Europe would have doubled the price, not halved it.


    there is something shifty going on with the shorts. i believe the shorts last time were to allow lbt to raise at 16 cents.
    last fda approval sent the share price from 7 cents to 21 at close. this was may 2019. lbt did a cap raise a week or two later at 14.5. it fell to 10 cents by september 2019 before a steady rise to 20ish cents november 2019.

    if you look at the history chart lbt take a few steps forward but then just as many steps back. 9 cents imo is a good price. history shows it normally goes up again but expect a lot of resistance from 14-20 this time.
 
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