Absolutely correct - except that the valuation of Nanosonics is as ridiculous as Labtech. Revenue multiples are complete nonesense. Just as LBT will struggle to sell enough units to cover running cost, NAN is much the same. While they are selling lots of these marvelous little sterilizers / but lets talk cashflow and bucks in the bank. Overcooked and overrated!!! Good luck if you are in love with NAN because it will also bite more than a few investors on the backside.
What is the right price to buy LBT, page-8
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Last
1.5¢ |
Change
-0.001(6.25%) |
Mkt cap ! $23.30M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.5¢ | $8.549K | 565.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 250000 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 188838 | 1 |
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| Last trade - 11.33am 09/07/2024 (20 minute delay) ? |
| LBT (ASX) Chart |