LHD lochard energy group plc

9% rise on 12m traded

  1. 5 Posts.
    It looks like the London market has woken up to the profit that's up for grabs, it will be interesting to see what happens on the ASX.
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    Mackec,

    Thanks for the welcome and your comments.

    It's cold comfort for longer term holders but I'd be delighted with 12p(18.5c) as it would be about a 80% return on the current price. My guesstimate is that any offer will be in the 8p (12c) to 11p (17c) range.

    For longer term holders it's a difficult choice of whether to average down and reduce losses, maybe make a profit or just to keep holding. I don't envy that position.

    Good Luck
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