LBL is trading at a "highish" PE for a microcap...It is also trading at a large premium to NTA.
All the hallmarks of a growth stock.
The market has its way of valuing stocks...It is not by PE or NTA...rather future earning capabilities.
lbl half yearly, page-7
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 (20min delay)
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Last
61.0¢ |
Change
0.010(1.67%) |
Mkt cap ! $71.50M | |||
| Open | High | Low | Value | Volume |
| 59.5¢ | 63.0¢ | 59.5¢ | $15.91K | 26.16K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 34996 | 61.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 63.0¢ | 16387 | 2 |
View Market Depth
| Last trade - 15.47pm 08/11/2024 (20 minute delay) ? |
| LBL (ASX) Chart |