LBT just need to define what kind of company it is - At the...

LBT just need to define what kind of company it is - At the moment it's currently a company that has a decent machine with long sales lead time, but has the backing of Thermo distributing in the US and some additional modules in the pipeline. Further to that we also have a compact 'tabletop' version being the new APAS Micro to lower the CapEx requirement that we have heard BB talk about.

But as MassiveDrone pointed out - BB has a track record of announcing something positive than following that up with issuing shares thus diluting shares. We have directors who appear very reluctant to purchase shares on market Which doesn't inspire confidence to buy in or increase our holdings in LBT. Retail holders don't seem overly positive with the current management team hence why we are here complaining about said company.

LBT needs to have a few positive announcements with no CRs following, they need a steady flow of sales to become less reliant on raising capital but these appears to be a year or 2 away - which brings us to why getting to our previous CR level of 16 seems to be far off.

A fun fact to know though is since Simon Arkell joined the board, not only has he purchased 0 shares in the company but the SP has only gone down at every AGM he's attended.