LBL 0.72% 70.0¢ laserbond limited

Just read through the annual report. Very happy with progress....

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    Just read through the annual report. Very happy with progress. They are facing a clear step-up in scale which can be a problem but good to see new directors to help ensure execution occurs seamlessly. Remain convinced that recession enhances rather than retards their prospects as their products/services save absolute cost. All fits nicely with my personal approach of resource investment which is inherently cyclical alongside other companies chosen as likely not to be impacted by economic cycles or ideally to benefit from them.
 
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