feels a bit pump and dump to me. I’d love for it not to be but the second tranche of cap raise funds will enter the market in late June with a lot of retailers taking some off the table at this price after the SPP.
Doubt we’ll see a realistic picture until July. Results wise I’m feeling positive though. Can see it breezing to $75million MRR by next quarter.
LBY Price at posting:
63.0¢ Sentiment: Hold Disclosure: Held