"given the genuine reason for revenue downgrade"
More a shift in part of the revenue being pushed out for one or two quarters , which has little impact on the company's value from a NPV basis . Still at the moment it probably is the final straw for some to sell down some of their holding more because of their concerns of interest rate hikes which strengthens the $A and is not good for LBL which does best when machinery imports are expensive .
Personally I would be selling mining and tech stocks rather than LBL if wanting to reduce exposure on the ASX as LBL seems cheap on many metrics ie its growth profile and the increased width of the moat it has created around it.
My main concern is This chip issue has been around for many months , I am surprised LBL had not had this sorted out earlier on -someone has to be responsible for that .
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Last
57.0¢ |
Change
-0.010(1.72%) |
Mkt cap ! $66.81M |
Open | High | Low | Value | Volume |
59.5¢ | 59.5¢ | 56.0¢ | $63.72K | 111.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 10110 | 56.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
57.0¢ | 1594 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 10110 | 0.560 |
7 | 22029 | 0.550 |
3 | 49560 | 0.540 |
2 | 25718 | 0.535 |
1 | 1858 | 0.530 |
Price($) | Vol. | No. |
---|---|---|
0.570 | 1594 | 1 |
0.595 | 47974 | 1 |
0.600 | 13456 | 2 |
0.620 | 34712 | 1 |
0.630 | 15000 | 1 |
Last trade - 15.47pm 08/10/2024 (20 minute delay) ? |
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