LBTs share price is currently based off of BB and the boards performance, hence why it struggles to get to 16 cents. Doesn't matter how many tines he goes to a call stating 'hot leads' or 'advance opportunities' sales are really only going to be market movers. But seems that sales are hard to come by in large numbers. So far LBT is able to sell 1 or 2 machines at best. It would be good if there was another way management can show they believe in the company - buying shares on market is a good way to do this. It helps in the short term. Thermo is long term, when it was announced they were the US Distributor the price slipped down from 15 cents.
you must be the only investor in a company who actively objects to board members purchasing shares on market.
Sales imminent??, page-39
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Last
1.6¢ |
Change
-0.001(3.03%) |
Mkt cap ! $25.08M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.5¢ | $24.18K | 1.55M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 1728515 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 315000 | 3 |
View Market Depth
| Last trade - 10.33am 16/08/2024 (20 minute delay) ? |
| LBT (ASX) Chart |