LBL 0.70% 71.0¢ laserbond limited

I'm not a long term holder, although did originally buy in at...

  1. 1,416 Posts.
    lightbulb Created with Sketch. 128
    I'm not a long term holder, although did originally buy in at around 58c, I then doubled my holding around 65c and was quite surprised to see the rapid jump to 90c, so I sold half as all indicators were pointing to overbought territory and have since added more to my holding at around 75c. As you will see due to liquidy (mostly), the SP jumps around a fair bit, at current price it sits on a P/E of around 25, which might still seem rich to some but for me it feels fairly priced, maybe slightly undervalued at the current price, given the growth opportunities. There are more long term holders here that might be able to give a better perspective. As to what the SP will do next, well that's anyones guess, however it seems to have found a base around the the 74-76 mark!
 
watchlist Created with Sketch. Add LBL (ASX) to my watchlist
(20min delay)
Last
71.0¢
Change
-0.005(0.70%)
Mkt cap ! $82.89M
Open High Low Value Volume
71.5¢ 71.5¢ 71.0¢ $39.97K 56.05K

Buyers (Bids)

No. Vol. Price($)
1 20973 71.0¢
 

Sellers (Offers)

Price($) Vol. No.
72.0¢ 14287 2
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
LBL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.