I think the biggest thing that I find interesting is LBL have reaffirmed their belief that $40m revenue is achievable by FY22. If this means by 1 July 2022, we should be able to expect almost a doubling in revenue (and hopefully earnings) within 24 months, this also suggests that the revenue in 2 years will be largely the same as the current market cap.
Unless I'm mistaken, we're looking at a business that has relatively limited debt, is profitable (with relatively high margins in a niche space with limited competition) and has a relatively high level of insider ownership with a good track record of achieving forecasts.
Having regard to the above and the approximate P/E ratio of 17, coupled with a return on equity >20% for several years now is, for me, a compelling reason to continue buying.
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I think the biggest thing that I find interesting is LBL have...
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Last
69.5¢ |
Change
-0.005(0.71%) |
Mkt cap ! $81.72M |
Open | High | Low | Value | Volume |
68.5¢ | 69.5¢ | 68.5¢ | $5.865K | 8.47K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4013 | 69.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
70.0¢ | 10842 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4013 | 0.695 |
1 | 12704 | 0.690 |
3 | 9707 | 0.685 |
6 | 101862 | 0.680 |
2 | 31080 | 0.675 |
Price($) | Vol. | No. |
---|---|---|
0.700 | 10842 | 1 |
0.710 | 565 | 1 |
0.715 | 630 | 1 |
0.720 | 626 | 1 |
0.725 | 16757 | 2 |
Last trade - 10.21am 17/06/2024 (20 minute delay) ? |
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