LBT 6.25% 1.5¢ lbt innovations limited

there’s no fundamentals yet.the company is still pre-profit and...

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  1. 88 Posts.
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    there’s no fundamentals yet.

    the company is still pre-profit and pre-break even for that matter.

    so no point mentioning that…

    also no retail or institutional investor would give Lbt any money at the moment…..so cap raises are clearly a non-starter and honestly there’s just no point worrying about them.

    no point looking at the price either….other than it being low there’s no meaning to draw except no one’s interested….

    one decent interested buyer and it’s back to 10c

    so where does that leave us..

    we’ll for cash imo we’re looking at either some of partnership deal with big pharma (as mentioned earlier), thermo contributing, apas sales, or the government (loans or grants)

    big next few weeks for announcements in my opinion. And incoming cash will have to be part of it.

    cap raises in my estimation are off the table for the next 6 months or until the general small cap market sentiment turns..

    gltah
 
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