For me the fact that no ann has been made signals that nothing material has changed. The share price is basically pricing no Labcon anyway while a fundie keeps accumulating - with likely more access to mngt than punters here - but happy to keep it going lower and taking advantage of end of year loss players.
Fact is that Labcon spent several USDm changing their sites for BCT technology and companies in this space don't gamble with new technology. It works.
Their customers like it and want different sizes and modes that better suit them. Thats been the rationale for the supply chain modifications and its a great thing. But slowed ramp up, followed by covid so that's life. The proposition does not change at all despite the delays which affected the whole industry .
So its a slow grind? absolutely and expected for anyone who understands the industry. Its not for most investor types so let them sell while I wait for the 25cps mark jn 12 months.
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