Perhaps the M&A is a signal that organic growth is slowing.
I think their approach with an initial 40% is quite cautious. Management have skin in the game, i am sure they aren't going to bet the company on a deal.
I just don't know who the future buyers of LBL stock are. Sub $100m MC and illiquid. Small cap fundies won't be lining up.
Perhaps the M&A is a signal that organic growth is slowing.I...
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Last
70.5¢ |
Change
0.005(0.71%) |
Mkt cap ! $82.31M | |||
| Open | High | Low | Value | Volume |
| 70.0¢ | 71.0¢ | 70.0¢ | $4.235K | 6.028K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 50081 | 70.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 70.5¢ | 4016 | 1 |
View Market Depth
| Last trade - 15.51pm 21/06/2024 (20 minute delay) ? |
| LBL (ASX) Chart |