I have seen this before, I will / am putting money on it, that.... LPE are dealing with a big bank. every retailer in the land has a debt line with banks it is a credit wash and I am sure we all know banks, in there own time.
On this everyone thinks capital raise, they wont need it with debt available.
Origin, AGL, EA, CS, Stanwell all have 100million+ credit lines with banks, it is what they do, but setting them up is painful. The bank does NOT want to be the biggest investor.
Broker Data, page-348
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Last
13.5¢ |
Change
0.010(8.00%) |
Mkt cap ! $23.42M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.5¢ | 12.5¢ | $120.5K | 918.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 94810 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 259243 | 3 |
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| LPE (ASX) Chart |