Share price imploding here is more a function of a failed IR strategy than anything else. Business is doing really well, clearly, they are just not getting in front of the right people. Insto's have clearly started getting stopped out of their positions
Unlikely to be taken over as any potential acquirer will struggle to confirm that there is nothing wrong with the business. i.e. what am I missing to justify this falling SP.
These guys have limited options going forward, a real shame in my opinion. Could have been something great
LBY Price at posting:
42.5¢ Sentiment: Buy Disclosure: Held
