IMO this is not a voluntary decision, it was forced as they have run out of money. They would have waited for the adjusted DMO it they could, but they couldn't meet AEMO's requirements. Aprils quarterly report - $5 million was held on deposit against credit support bank guarantees required by the Australian Energy Market Operator. They would not have been able to get any more $$$ to meet the wholesale market increase. They release 5M held in deposits when they ditch 20k customers. There is no way possible 25k embedded customers can support the rest of the debt they owe to Black Rock. And with some stiff competition in the embedded market with established company's like Altogether, no one will have the confidence to sign with these cowboys again. I could be totally wrong but I'm sure it will all unfold soon enough.
- Forums
- ASX - By Stock
- LPE
- Ann: Voluntary Suspension
Ann: Voluntary Suspension, page-8
-
- There are more pages in this discussion • 45 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 LPE (ASX) to my watchlist
|
|||||
Last
12.0¢ |
Change
0.005(4.35%) |
Mkt cap ! $21.62M |
Open | High | Low | Value | Volume |
12.0¢ | 12.5¢ | 12.0¢ | $89.63K | 739.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 49992 | 12.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.5¢ | 58247 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 49992 | 0.120 |
1 | 100000 | 0.115 |
4 | 758732 | 0.110 |
1 | 20000 | 0.105 |
1 | 50000 | 0.086 |
Price($) | Vol. | No. |
---|---|---|
0.125 | 58247 | 2 |
0.130 | 327000 | 4 |
0.135 | 300000 | 2 |
0.140 | 450000 | 2 |
0.150 | 20500 | 2 |
Last trade - 16.10pm 27/08/2024 (20 minute delay) ? |
Featured News
LPE (ASX) Chart |
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online