I did cash in my stock in the low 2's and parked it in KLL. Doesnt mean I'm not following LPD, I just don't feel safe having my money there at the moment. I dont think my assessment of recent years is harsh or unfair. I think its a much more accurate assessment then replying with LPD is up 100% in 12 months, that's just a hand picked timeframe which shows lpd in a positive light. The truth is appreciation in LPDs share price over the last 5 years has only occurred over a few very short periods which are followed by downward trends which last for very very long periods. For example in the last 6 months you investment could be down 265%. In just over 2 years you could be down 292% and 3.5 years could be down a whopping 585%. That aside my post wasn't even in regards to share price. It was that LPD have simply failed to execute on their strategy(strategies- plural) thus far and have given nothing concrete to indicate that this time is any different. If they get financed i am happy i really am and may buy back in if things line up. But come on seriously. Without financing and offtakes its nothing but a resource noone else will want and half of a proprietary process that is not fully proven (the half noone would previously fund). How could anyone say with a straight face that they feel safe to invest their money here at the current moment.
- Forums
- ASX - By Stock
- LPD
- Ann: Renounceable Entitlement Offer to Fund Development and Growt
Ann: Renounceable Entitlement Offer to Fund Development and Growt, page-220
-
-
- 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
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.76M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.003 |
180 | 206882564 | 0.002 |
44 | 184161088 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 99000 | 1 |
0.003 | 100924388 | 54 |
0.004 | 42055237 | 46 |
0.005 | 11836744 | 13 |
0.006 | 9138260 | 14 |
Last trade - 09.51am 05/07/2024 (20 minute delay) ? |
Featured News
LPD (ASX) Chart |
Day chart unavailable