Forum Topics LBL LBL Share Price Action

Pinned straw:

Last edited one year ago

Big(ish) drop on high volume leading into the results - usually not a great sign.

Interested to see if there is anything to it.

thunderhead
Added 5 months ago

The shares haven’t experienced a post tax-loss selling bounce in the new financial year, which is not a great sign technically speaking.

Hopefully the fundamentals will result in the next leg or two up eventually.

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thunderhead
Added 5 months ago

They say your best buys are when you get that sinking feeling in the pit of your stomach, but pull the trigger anyway. In that spirit, I did add to my position near the lows yesterday. Only time will tell whether it is a stroke of genius or misguided bravado.

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Tom73
Added 7 months ago

Anyone know if LBL has been a recommendation for any services?

The share price move is not odd for the liquidity but yesterday the buy and sell orders were relatively even in number and volume, but today buy's are way over sells... so my guess it's become a recommended BUY.

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Arena42
Added 7 months ago

The Motley fool has not recommend it.


I saw someone take 150 K at 0.695 so i did put an order in for nearly 100 K

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thunderhead
Added one year ago

That's always a risk with these illiquid microcaps, but I am inclined to give the benefit of the doubt to the long-standing, founder-lead, aligned management team here. Essentially the Hooper family co. that is publicly listed :)

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Shapeshifter
Added one year ago

As you say @thunderhead plus honest, humble, non-promotional management that have demonstrated trustworthiness with capital allocation. Exactly the type of management I like. LBL is a large allocation IRL in my portfolio.


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Shapeshifter
Added one year ago

Yeah interesting question @Mujo

Laserbond haven't had an asx announcement since March.

Maybe some investors don't like this lack of noise? Or maybe it is insider selling on bad news?

24 August should answer these questions when LBL report!

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