LPD 25.0% 0.3¢ lepidico ltd

Blister all valid points but depends which way you spin it. -...

  1. 1,280 Posts.
    lightbulb Created with Sketch. 1261
    Blister all valid points but depends which way you spin it.
    - Not hitting targets. What's a week or two in business, with so many moving parts. Drillers, labs, weather etc
    - Deals being renogiated. For the better!
    - New management with big salaries and cheap oppies. You pay peanuts you get monkeys. I'd take a dilution hit to have the right team in place (not saying they are, too early to call)
    - Question mark on tech. The only real question in my mind is can we do Spodumene? Only upside if we can.
    - Getting private investors in. Can only be a good thing in the end.
    - Shares out of escrow. These investors put money into what would have been a pretty risky play, formulating new technology. The game would now have only started for them. Might sell a few for cash flow but I wouldn't expect a dump.

    We've seen this stock pushed around for months. If I had deep pockets, I'd be doing the same. Last minute tree shake, prior to news, just shaking a bit harder than we'd like.
    Agree though, watching this daily is not great for the soul.
 
watchlist Created with Sketch. Add LPD (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.001(25.0%)
Mkt cap ! $21.47M
Open High Low Value Volume
0.2¢ 0.3¢ 0.2¢ $2.937K 1.391M

Buyers (Bids)

No. Vol. Price($)
17 14554111 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 56628736 58
View Market Depth
Last trade - 11.39am 22/08/2024 (20 minute delay) ?
LPD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.