It is hard to predict what will happen next week. But I have 3 predictions.
1. First week of April 4c. (Cash flow Positive, 100GWh)
2. End of June 6c ( 80 GWh presently UM and 70 GWh UC is near term completion. That gives 150GWh end of this financial year and will take market cap to 150 millions or more).
3. 10c end of this year if company keeps growing at above pace.
I can see that last obstacle from similar kind of business model is also taken care of by @pz
Who knows, one of those recent institutional buyer could be AGL, taking a decent position.? Why they did not reveal institutions names?
Ann: LPE completes Instititional Placement, page-36
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Last
11.5¢ |
Change
0.005(4.55%) |
Mkt cap ! $20.72M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 11.5¢ | $7.406K | 64.39K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 545235 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 3889 | 1 |
View Market Depth
| Last trade - 13.15pm 16/08/2024 (20 minute delay) ? |
| LPE (ASX) Chart |