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2.41%

8.5¢ locality planning energy holdings limited

Their website doesn’t make them look like a fund acquiring whole...

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dunjo

1,728 Posts.

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02/04/24

15:26

Post #: 73150742
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Originally posted by Holdtight ↑

IMHO, River Capital don't care about overhangs. To me this looks like a play to acquire the company at a cheap price. More volume going through today. This is starting to get interesting.
Another special cross at 8c for $222k worth. Seems like any volume at all and they buying. Now they would have over 20%...requires a takeover offer.

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Their website doesn’t make them look like a fund acquiring whole companies - more investing in companies with certain criteria.

But google search shows me they are open to acquiring full companies:

https://www.smartcompany.com.au/bus.../the-cheesecake-shop-bought-by-river-capital/

https://www.dealstreetasia.com/stories/pacific-current-river-capital-370983

https://www.marketscreener.com/quot...proach-by-Australia-s-River-Capital-44380012/

LPE Price at posting: 6.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 8.5¢		Change 0.002(2.41%)		Mkt cap ! $15.31M

Open	High	Low	Value	Volume
8.4¢	8.7¢	8.3¢	$38.79K	458.1K

Buyers (Bids)

No.	Vol.	Price($)
2	340012	8.4¢

Sellers (Offers)

Price($)	Vol.	No.
8.8¢	100250	2

View Market Depth

No.	Vol.	Price($)
2	340012	0.084
2	218481	0.081
3	650000	0.080
1	1000000	0.079
2	35411	0.078

Price($)	Vol.	No.
0.088	100250	2
0.089	11363	1
0.090	412765	1
0.095	12000	1
0.100	164134	3

Last trade - 15.50pm 16/05/2024 (20 minute delay)

LPE (ASX) Chart