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14.3%

1.6¢ lbt innovations limited

fda news pending, page-56

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07/02/21

11:30

Post #: 50771583
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Originally posted by CaptainSmitty: ↑

The potential here is huge, but again the rockets are cool.
The next 3 months are crucial given that the FDA approval is expected sooner than later, and I would imagine distributor announcement could be linked to that.
last year we saw a SP increasing on the back of marketing partnership with BC and JH results for APAS performance.
The slap in the face came from a CR done 5 minutes after announcing partnership with BC.
As per my understanding, having 12mil in the bank won't see a CR this year (again, per my understanding, as with this management you will never now -thats why BB posts things under that nickname-).
just imagine for once a positive scenario wereGLTAH FDA approval comes, and next distributor (not mkt partnership) is announced, and some sales here and there..
if any sales are announced before then, on the back of those 2 announcements, I would think $1 could be possible. Anyway, LBT has a good reputation on self sabotaging.

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Well you'll know when the FDA approval is approaching when you see directors buying shares, like last time. Nothing like a little inside knowledge to help cream additional takings on top of director fees and free options.

LBT Price at posting: 11.5¢ Sentiment: None Disclosure: Held
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Last 1.6¢		Change 0.002(14.3%)		Mkt cap ! $26.36M

Open	High	Low	Value	Volume
1.5¢	1.6¢	1.5¢	$8.775K	551.6K

Buyers (Bids)

No.	Vol.	Price($)
5	833870	1.4¢

Sellers (Offers)

Price($)	Vol.	No.
1.7¢	623750	4

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No.	Vol.	Price($)
5	833870	0.014
4	535769	0.013
4	302666	0.012
2	78500	0.011
5	1129004	0.010

Price($)	Vol.	No.
0.017	623750	4
0.018	392000	2
0.019	381203	2
0.020	960000	1
0.021	763996	2

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