It is now over a month since the announcement about seeking further funds and almost 2 months since the announcenment of the strategic review.
Other companies have announced fundraising plans and have raised the cash in less time that LBN have had.
I am still confident that this company is very much undervalued given what we know, and if it is as good as it sounds why the delay in resolving the above issues.
I would love to buy more shares but havent the confidence to do so until we get some clarification. I have e-mailed LBN before christmas but have received no reply whatsoever.
The lack of movement in the share price is down to persistent scrappy selling and lack of buying. Both will continue until the picture becomes clearer which I hope and pray will be very soon