In my opinion this is a stock which - if all continues to plan - will be worth at least 5c or 10c in 2 - 5 years from now. This is based on forecast earnings assuming conversions continue.
But again, IMHO, I think you are dreaming if you are expecting material price gains in the next few months or even a year. Remember they are still losing money even if "Cash Flow Positive". For me this is a stock for the bottom drawer. I will continue to accumulate on evidence that the GWh conversions are continuing and share price remaining reasonable.
For me the biggest risk is not necessarily the negative client reviews (although I agree these are not good and not indicative of a viable long-term business) but the potential client churn in 5-7 years time (partly on the back of these client reviews, and partly on increased competition). But I see definite potential to make money in the timeframe between 2020 and 2023.
But for now my advice for everyone is to take a chill pill.
btw I think the company would do itself a favour by having a share consolidation, it is hard to take a company seriously which has 2.5bn shares on issue at 2c each. If we had 50m shares on issue at $1 it might be taken more seriously.
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Last
15.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.03M |
Open | High | Low | Value | Volume |
15.0¢ | 15.0¢ | 15.0¢ | $5.148K | 34.32K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 49303 | 15.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 44961 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 49303 | 0.150 |
3 | 250348 | 0.145 |
3 | 112721 | 0.140 |
1 | 6071 | 0.135 |
1 | 11814 | 0.125 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 44961 | 2 |
0.170 | 194300 | 5 |
0.175 | 130425 | 2 |
0.180 | 100000 | 1 |
0.185 | 50000 | 1 |
Last trade - 13.36pm 14/11/2024 (20 minute delay) ? |
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LPE (ASX) Chart |