LBT 0.00% 1.9¢ lbt innovations limited

Be careful on this one everyone, saw the exact same thing was...

  1. 1,185 Posts.
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    Be careful on this one everyone, saw the exact same thing was 1ad last week.
    Went from 2.6c to 4.1c in the first 2 hours, only for it to close at 2.9c

    Remotely similar announcement, trial was a success and now just waiting for a partner. (Fully disclosure I hold this stock)

    Great announcement but still needs AstraZenca to do their due diligence before a material investment is made.
    Derisking event for sure but plenty of traders now heavily underwater so any SP buying will most likely be sold into to cover losses.

    Hope for all holders you get an afternoon run but if it doesn't occur be mindful traders will need to offload at some point.

    Wish you all the best and will be following this story closely.
    Last edited by ForeverNewbie: 13/03/24
 
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