The projected revenue for FY22 is an estimate and share prices are not based on just revenue. There are a number of financial tools to be applied to determine approximate share prices. The company has done pretty well despite the Covid 19 consequences and should the next quarter figures continue the upward trend, we should see the price north of $1. Its only my view and we hope that the dividends provided for the next half show an increase which should please share holders
LBL Price at posting:
79.0¢ Sentiment: Hold Disclosure: Held
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