1) Growth:Large scope for growth with the recent aquisition of...

1) Growth:
Large scope for growth with the recent aquisition of C&B Engineering,the turnaround in Gladstone,The anticipated expansion into WA & the expected mining boom that may last more than a decade.
2) Skin in the game:
Our interests is perfectly aligned with the people running the business. They hold more than 50%.
3) Earning Quality:
Over the previous year , revenue increased by a mere 27% whereas EBIT (which is more relevant than NPAT) increased by 230%. This means that the prfit margin has improved dramatically. It also means that even with modest increase in revenue,profitability will accelerate.
4) Dividends:
These will be maintained & even increased.
The large franking credits is an incentive.
The cash cost will be small if,as announced,the board is choosing DRP.
...
Some of you might be familiar with CAN SLIM ,which is a stock screener developed by the legend William J O'Neil.
It might be laughable,but I think this minnow of a stock fits most,if not all the criteria.
The only problem with LBL is the very poor liquidity which might even get worse when small holdings get redistributed to "larger" holders.
Read about CAN SLIM at investopedia.com.
Regards all.