Pinned straw:
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.
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.
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 :)
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!