It's in LITs best interest to see lpd rally as they own 15% of the company so the better sentiment around them the better for lpd. Secondly lit is linked to l-max so it can't be market pricing out l-max for sileach as lit has two licenses for l-max and lit has already tried a to of lpd for their technology And market is buying a company that has pretty much clearly stated lpd is a huge speculative buy!
THEREFORE It's not a fundamental reason because that wouldn't make sense as lit chased LPDS fundamentals and has a stake in lpds fundamentals.
The lit rally Is TA, financial review marketing, old buyers coming back in now that it's trending up again, day traders jumping in with the spike and the TO finally being priced out which tbh is fair enough I guess.
So please let's just leave lit all alone and we have the upper hand as it's in their best interest with a 15% stake that we do well but it's not in our interest either way how they do.
- Forums
- ASX - By Stock
- LPD
- Ann: TOV: LPD Panel Declines to Conduct Proceedings
Ann: TOV: LPD Panel Declines to Conduct Proceedings, page-38
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LPD (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.17M |
Open | High | Low | Value | Volume |
0.2¢ | 0.3¢ | 0.2¢ | $11.25K | 5.6M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
168 | 182900798 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 97761977 | 56 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
168 | 182900798 | 0.002 |
43 | 174261088 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 67761977 | 55 |
0.004 | 35784390 | 40 |
0.005 | 11336744 | 12 |
0.006 | 9296154 | 15 |
0.007 | 4963896 | 6 |
Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
Featured News
LPD (ASX) Chart |