Perhaps price was being supported to encourage shareholders to take up the offer ? May go below 50c in short term as BNPL sector volatility continues. Fundamentally a sound proposition. More so as it scales up. MD now relocated to UK plus a couple of key appointments should sharpen the focus. May see share price recovery over next 6 months if targets continue to be met - or exceeded as they consistently have been to date.
LBY Price at posting:
54.5¢ Sentiment: Hold Disclosure: Held