LBT 0.00% 1.9¢ lbt innovations limited

Still LBT has to perform lot better to gain shareholders...

  1. 374 Posts.
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    Still LBT has to perform lot better to gain shareholders confidence back, now have approx. $4.22 mill after the raise and paid $1.38mill debt to Lind or who ever, if it burns 500k per quarter will last 2 years but by the time $1 mill remains, start pissing in pants to look for more raise, total shares around 2.1B once all Warrants exercised, that said .05c per share will have to be $105mill Market Cap. it needs good revenue generation to cover the cost, unless does by Pharma QC sale, but not sure clinical side at all. they really need good strategy and solid stocks buyer i.e above 2c, say if half of 1.2B current shares ( without option converted shares) trades between 2c to 3c, approx, $16 to 20 Mil. to buy them. Now AstraZ, can buy all sold shares at this price, buy lots of Pharma QC machines, then Market cap up, share price up to 5c to 10c then off load all stocks to market, machines are now free and profit generated, LBT share price up.. all retail traders will play in the game.. wouldn't this work out..Seriously, they need to work out otherwise, next 1.5 year's time it will have 5B shares available, most outstanding shares available in ASX history..Better lets play SQUID Game..
 
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Last
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Mkt cap ! $25.45M
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1.9¢ 1.9¢ 1.8¢ $11.97K 630.0K

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No. Vol. Price($)
2 85361 1.9¢
 

Sellers (Offers)

Price($) Vol. No.
2.0¢ 100000 1
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Last trade - 15.55pm 03/05/2024 (20 minute delay) ?
Last
1.9¢
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1.8¢ 1.9¢ 1.8¢ 161699
Last updated 13.55pm 03/05/2024 ?
LBT (ASX) Chart
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