Regarding the DTH hammers (and drill bits) my guess is the company lacked the resources to market the product even if it lasted three times longer than the competitors .
They were up against established drill companies who had established strong relationships with mining companies , making LBL the new kid on the block .
Also as you mentioned they also have other fronts , which are not in the too hard basket
Ann: LaserBond 2018 Annual Report, page-7
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Last
70.0¢ |
Change
-0.010(1.41%) |
Mkt cap ! $81.72M | |||
| Open | High | Low | Value | Volume |
| 70.0¢ | 71.0¢ | 70.0¢ | $37.37K | 53.06K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 12000 | 69.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 71.5¢ | 25000 | 1 |
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| Last trade - 15.55pm 26/07/2024 (20 minute delay) ? |
| LBL (ASX) Chart |