LBT 5.56% 1.7¢ lbt innovations limited

My view is that we are somewhere near the bottom (probably go as...

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    My view is that we are somewhere near the bottom (probably go as low as 0.075) - so its a good time for new followers to get in. Certainly not worth for existing holders to take more risk.


    I dont expect any sales this year and first sale likely late march/April. There will only be sideways movement till then. 


    BB does deserve to be kicked out but the issue is of 1) Disruption and 2) Suitable Candidates? Anyone we get will be an inexperienced CEO or someone looking to move up GM into a CEO position so untried/tested. The punt clearly failed but at what cost do we cut our losses. It doesnt help that ownership is so fragmented ( the biggest single shareholder is 6%) - when this happens and when a lot of retail shareholders couldnt give a * about AGMs - things dont usually change.

 
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