At the time that report was written (20-jan) the share price was 20.5c and a dividend of 0.5c corresponded to a yield of 2.4%. Nothing fantastic but not bad for a microcap.
In my experience microcaps are not generally valued on present day yield but rather on potential future returns. Am certain this is the case for LBL.
free lbl broker research, page-9
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Last
54.5¢ |
Change
-0.010(1.80%) |
Mkt cap ! $63.88M | |||
| Open | High | Low | Value | Volume |
| 55.0¢ | 55.5¢ | 54.0¢ | $89.67K | 164.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 61538 | 54.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 55.0¢ | 682 | 1 |
View Market Depth
| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| LBL (ASX) Chart |