LBT
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0.00% 1.6¢ lbt innovations limited

Ann: $7m Oversubscribed Private Placement & Launch of $1m SPP, page-30

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  1. bruutz82
    1,528 Posts.
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    06/03/18
    17:29
    Post #: 31566511
    Yikes

    Cash flow positive 2020 - That's two years away!!

    The good news is LBT now have the two years of funding to get to this supposed 'cash flow positive' point but the bad news is it is TWO YEARS AWAY!!

    On the lack of excitement this companies share price could go down to 8.7c (MC circa $16m) quite easily until the company achieves the 4C 'production stage' milestones to garner investment from the wider market.

    See you in 1.5 years guys - I put it in my forward diary.
    LBT Price at posting: 16.5¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch. 3  Great analysis
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