Ann: Strategy Update, page-4

I'm not sure how long LBT will languish in the doldrums... IIRC AZ is supposed to materialise in 4Q CY2024. Meanwhile, LBT is running low on cash, so a cap raise or placement is probably on the cards, which will put further downward pressure on the SP.

In any case, LBT has a great product that has the potential to revolutionise the way laboratories analyse plates.

Personally though, I'll wait till their cash position improves before I invest. With the SP as it is + downward pressure due to a placement / CR, I wouldn't pay more than 1c... it's possible that SP will sink lower though.