I see LBL as having a bright future in a depressed economy , as you mention repairing has less capital intensity than buying new , and that argument is leveraged positively in that when Australia has a depressed economy its exchange rate also gets depressed against the Euro and US$ so for example an A$2m dump truck a few weeks ago now would cost A$2.4M on indent so an even less appealing investment compared with getting the old one repaired in $A .
Good to see the CEO buying on market , wonder if LBL has any expertise in 3d printing parts needed for ICU hospital wards for corona patients
I see LBL as having a bright future in a depressed economy , as...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LBL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
57.8¢ |
Change
-0.018(2.94%) |
Mkt cap ! $69.47M | |||
| Open | High | Low | Value | Volume |
| 58.0¢ | 58.0¢ | 56.5¢ | $64.39K | 112.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2699 | 57.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.0¢ | 301 | 2 |
View Market Depth
| Last trade - 12.24pm 04/09/2024 (20 minute delay) ? |
| LBL (ASX) Chart |