LPD 0.00% 0.3¢ lepidico ltd

few things about plp, page-112

  1. 1,338 Posts.
    lightbulb Created with Sketch. 31
    Looking nice and strong FF, hard for me not to compare PLP to VTX pre acquisition, Very similar MC, Sat a .06-.07 VTX only had $850k cash then found legs & the rest is history, VTX acquisition was worth $5.5m, they issued 240m heads, 160m performance Shares, 100k cash deposit. If PlP can make an acquisition of substance for the same value $5.5m in the exploding Lithium sector with simular T&C hard to see why this little platypus wont reward.
 
watchlist Created with Sketch. Add LPD (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.