LGP little green pharma ltd
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Ann: LGP Denmark Signs Major Sales Agreement with Demecan, page-4

  1. JRSelvedge
    2,743 Posts.
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    19/04/22
    16:24
    Post #: 60916862
    Gap fill at 0.35c or lower may get this moving. But I’m not hopefull.

    Needs a lot of buyers. Why would you buy into a hugely capital intensive industry when we’re heading into recession? (Rhetorical question).

    Debt free? Yes, but that money sitting in a bank account is losing money every day due to inflation.

    Also depends on wether escrow shareholders have finished selling (I don’t think so).

    Much better opportunities elsewhere now imo - it’s going lower before it goes higher.

    Cheers

    DYOR IMO
    LGP Price at posting: 43.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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11.5¢ 		Change
0.000(0.00%) 		Mkt cap ! $35.05M
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