I have no idea what the catalyst would be (sales growth, big contract wins, another pandemic in which the APAS becomes critical…). If the market already knew it’d price it in. Perhaps the universe just works in cycles and everything has its place in time… and unfortunately for us, despite all the progress made (FDA approval, Thermo appointed distributor, early sales traction), due “time” had been unfulfilled and we’ve had to ride the enduring cycle to these lows.
Is it possible the business never fulfills it’s potential and nothing comes of it, sure. If that happens so be it, I’ll accept my investment was taken by the market gods for playing at its table.
However if there is such merit to cycles and the concept of time, perhaps time is approaching
LBT Price at posting:
4.0¢ Sentiment: None Disclosure: Held
