LBT 0.00% 1.9¢ lbt innovations limited

If the stake is 100%, YES.No reason that history won't be...

  1. 386 Posts.
    lightbulb Created with Sketch. 181
    If the stake is 100%, YES.
    No reason that history won't be repeated with us. I had a look at that back on 03/11/2022. I think it fair to assume BC are out of the picture as far as t/o discussion, but the metrics are worth keeping.

    Posted 03/11/2022:

    The likes of Thermo Fisher and Beckman Coulter don't buy fledgling businesses at bargain basement prices. Instead they invest in established companies with a proven track record and history of Maintainable Earnings. The businesses have usually been a part of their established supply chain. Often the businesses continue as an outside entity. The other clue to this M & A behavior is the sheer size of the target. Some recent examples:
    Thermo Fisher
    31.10.22 The Binding Site Group. Oncology testing. 1,100 Employees US$2.6billion
    01.05.22 Pepro Tech. Recombinant Proteins. US$1.85billion

    Beckman Coulter
    17.06.21 Aldevron 600 Employees US$9.6billion

    And they like to do it with borrowed money or hybrid equities. A takeover at 0.06 or 0.26 is the least of our problems!

    GLTAH
 
watchlist Created with Sketch. Add LBT (ASX) to my watchlist
(20min delay)
Last
1.9¢
Change
0.000(0.00%)
Mkt cap ! $25.45M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
3 85619 1.9¢
 

Sellers (Offers)

Price($) Vol. No.
2.0¢ 153614 2
View Market Depth
Last trade - 10.46am 06/05/2024 (20 minute delay) ?
LBT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.