Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Laserbond Limited ( (AU:LBL) ) has provided an update.
LaserBond Limited, an advanced surface engineering company, announced the withdrawal of Resolution 5, which involved the election of Mr. Gregory Hooper as a director, from its upcoming Annual General Meeting. The decision was made following Mr. Hooper’s request and will not affect the validity of proxy forms for other resolutions, ensuring the AGM proceeds as planned.
The most recent analyst rating on (AU:LBL) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Laserbond Limited stock, see the AU:LBL Stock Forecast page.
More about Laserbond Limited
LaserBond is a specialist surface engineering company founded in 1992. It focuses on developing and applying materials, technologies, and methodologies to enhance the operating performance and wear life of machinery components, particularly in capital-intensive industries where component wear significantly impacts productivity and costs.
Average Trading Volume: 67,078
Technical Sentiment Signal: Buy
Current Market Cap: A$62.59M
For a thorough assessment of LBL stock, go to TipRanks’ Stock Analysis page.