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20.0% 0.2¢ lepidico ltd

Ann: LOI with BASF extended to 31 December 2020, page-209

  1. ProCapitalism
    4,645 Posts.
    lightbulb Created with Sketch. 1636
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    29/12/19
    18:24
    Post #: 42156043
    You need money, income, revenue & profits to go around buying assets.

    LPD has none of that.

    Doing that would involve a CR & shareholders will once again be forking over more money, diluting their own wealth, to buy products for LPD to sell to a customer they don't have.
    Last edited by ProCapitalism: 29/12/19
    LPD Price at posting: 1.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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