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
71.0¢ |
Change
0.015(2.16%) |
Mkt cap ! $82.89M | |||
| Open | High | Low | Value | Volume |
| 70.0¢ | 71.0¢ | 69.5¢ | $120.2K | 169.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 700 | 70.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.0¢ | 6065 | 1 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
70.5¢ |
Change
0.015 ( 1.44 %) |
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| Open | High | Low | Volume | ||
| 69.5¢ | 71.0¢ | 69.5¢ | 15641 | ||
| Last updated 15.40pm 07/05/2024 ? | |||||
| LBL (ASX) Chart |