The latest announcement is out from Laserbond Limited ( (AU:LBL) ).
Laserbond Limited has announced the application for the quotation of 320,482 ordinary fully paid securities on the ASX, issued under a dividend or distribution plan. This move is indicative of the company’s strategic efforts to enhance its financial positioning and shareholder value, potentially impacting its market presence and stakeholder interests positively.
More about Laserbond Limited
Laserbond Limited operates in the engineering and manufacturing industry, focusing on surface engineering and the development of advanced materials. The company provides specialized services and products aimed at extending the life and performance of machinery components, with a market focus on industries requiring high durability and efficiency.
YTD Price Performance: -30.0%
Average Trading Volume: 138,471
Technical Sentiment Signal: Buy
Current Market Cap: A$45.17M
Learn more about LBL stock on TipRanks’ Stock Analysis page.