LPD 33.3% 0.2¢ lepidico ltd

Market Capitalisation is a Better Target Than Share Price, page-106

  1. 1,970 Posts.
    lightbulb Created with Sketch. 483
    @C Brooks.....figures make perfect sense, but i disagree finance is forthcoming in the near future sorry.

    We all said the same thing around April earlier too...

    My view is they are further away from finance than they were approx 2-3 years ago.

    Why else else would you now change company focus and adopt a sequential strategy? Only i assume to raise funds to put towards the plant/feeder because of the lending situation. Company said it in their own words.

    Of course that is purely speculation ... but facts are they have not been lent a dollar in close to three years now. And the market also doesn't expect anything soon either.

    A rapid spike in daily volume and SP might change my views.
 
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