Dare I say that this reminds me of Gamestop without the short squeeze, which requires activist investors like Kurt Wolf to challenge the board and have a fresh start. I think after reading a few comments on Grasshopper, I do think in the beginning it does sound like his autistic but looking at the numbers for LBL, it does help connect the dots.
If Grass can reach out to collin street value fund - in Melbourne, they should be able to help you out. They are a true follower of the Ben Graham and Charlie Munger investing philosophy. If they see fit in you as well as the current LBL fundamentals - especially assets within the balance sheet, it will be a promising proposal moving forward. It's going to be a hard sell as collin is looking for a huge return. But no harm in trying. They do respond back fairly quick.
LBL Price at posting:
58.5¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)