Re: $400k = Expensive.
As soon as you request your Board of Directors to make a decision like this:
"I want to invest in technology that will save us 5 staff a year which will mean it pays for itself within a year" Which demonstrates to them that we will will save 5 staff wages for every one we buy - year in year out.
The price then becomes insignificant.
All the Board will want to know is two things:
1. Do we have the cash flow to buy it (if so good, if not lets get a loan).
2. Is it best to but two (or three or four) instead of just the one.
What am I saying - the power of the word "Invest" V "Cost".
It's like when you call a normal flower a BLOOM (for a wedding) suddenly the damn flower doubles in price and most people don't mind (I did say MOST - I bloody did - LOL).
- Forums
- ASX - By Stock
- LBT
- Ann: LBT Appointed Distributor for Australia and New Zealand
Ann: LBT Appointed Distributor for Australia and New Zealand, page-33
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LBT (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.5¢ |
Change
-0.001(6.25%) |
Mkt cap ! $26.23M |
Open | High | Low | Value | Volume |
1.6¢ | 1.6¢ | 1.5¢ | $25.37K | 1.614M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 1889697 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 506743 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 1889697 | 0.015 |
6 | 1381428 | 0.014 |
1 | 600000 | 0.013 |
2 | 6718666 | 0.012 |
2 | 78500 | 0.011 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 506743 | 1 |
0.017 | 727416 | 2 |
0.018 | 1604121 | 9 |
0.019 | 1316951 | 8 |
0.020 | 1018882 | 2 |
Last trade - 16.10pm 21/10/2024 (20 minute delay) ? |
Featured News
LBT (ASX) Chart |
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, Chief Executive Officer
Paul Long
Chief Executive Officer
SPONSORED BY The Market Online