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LaserBond Director Acquires Shares, Signaling Confidence

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LaserBond Director Acquires Shares, Signaling Confidence

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Laserbond Limited ( (AU:LBL) ) has shared an update.

LaserBond Limited has announced a change in the director’s interest, with Director Dagmar Parson acquiring 18,000 ordinary shares at $0.55 per share. This transaction, an on-market purchase, signifies a personal investment by the director, potentially reflecting confidence in the company’s future prospects. The change does not involve any interests in contracts and was not conducted during a closed period, indicating compliance with trading regulations.

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 Limited operates in the advanced manufacturing industry, specializing in surface engineering and wear-resistant technologies. The company focuses on providing innovative solutions to extend the life and performance of equipment across various sectors, including mining, energy, and agriculture.

Average Trading Volume: 75,271

Technical Sentiment Signal: Sell

Current Market Cap: A$60.81M

For a thorough assessment of LBL stock, go to TipRanks’ Stock Analysis page.

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