Forum Topics LBL LBL ASX Announcements

Pinned straw:

Added 8 months ago

$LBL announce they are putting US expansion plans on hold given the current uncertainty.

(I think this explains Trumps overnight response. Joking, not joking. Maybe it’s dawning on him that uncertainty will get in the way of him Making America Great Again if CEOs, not countries, won’t invest!)

Shapeshifter
Added 8 months ago

Is anyone else relieved Laserbond has put its US expansion on hold?

Although it sounded logical for LBL to move closer to customers in the US so many Australian companies seem to come back from the US with their tail between their legs having burnt a ton of capital.

Hopefully Laserbond can focus on improving operational efficiencies and perhaps we will start to some benefit from the reinvestment the company has been doing.

Glad I held onto this one now as I feel the position has been some what derisked by this decision.


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