LPE locality planning energy holdings limited

Ann: Quarterly Activities Report & Appendix 4C, page-4

  1. 6,402 Posts.
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    It had 50-1 consolidation after they signed $15m debt with Blackrock at a 10% interest rate in 2018, at the time, the share price was 2c, now is 0.4c pre-consolidation, which basically reflects a business with very low margin, and risk of derivatives on the energy market.

    I wonder what are they gonna do with that $13m loan in 12 months time, and more importantly, how the greedy finance broker will slaught the lamb?
 
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