Yes undoubtedly that is what I'm saying. The likes of Tesla et al know the power of their branding and insist on very favourable terms and discounts in return. Whilst any kind of deal like that would hyper-inflate the SP, making myself and many others very wealthy in the process. That is not the direction that I would want to see management actively pursuing in chasing the biggest headline.
It seems clear that Joe in the team are focussed on building a sustainable business model. Looking longer term towards maximising revenues, optimisation, growth and expansion.
Hard to do that without maximising cashflow and revenues. GXY played hardball with us, we went a seperate way. This deal with Traxys looks to be of a similar mould. Flexibility to dictate our terms in order to maximise returns for the business, not headline chasing and cashing in on SP gains. That is near-sighted, eyes are on a bigger prize.
If you're here for pips, I'd say you're wasting your time. I've been saying this for many years. Building a global chemical enterprise is not an overnight endeavour.
Best tuck those shares into the bottom drawer, forget the SP, check in on our announcements regularly - Are we still progressing as planned? Do you still have confidence in their ability to succeed? But hey, not advice... We all have different timelines and circumstances. But I prefer to sleep well at night not stressing about the daily chart and pips. Each to their own.
- Forums
- ASX - By Stock
- Ann: Binding Offtake Signed with Traxys
Yes undoubtedly that is what I'm saying. The likes of Tesla...
- There are more pages in this discussion • 107 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 LPD (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.3¢ |
Change
-0.001(25.0%) |
Mkt cap ! $22.91M |
Open | High | Low | Value | Volume |
0.3¢ | 0.4¢ | 0.3¢ | $12.85K | 4.234M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 7643965 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 43320477 | 46 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 7643965 | 0.003 |
146 | 213261420 | 0.002 |
52 | 220131085 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 42987144 | 45 |
0.005 | 20995040 | 23 |
0.006 | 7640261 | 12 |
0.007 | 5666991 | 8 |
0.008 | 2627232 | 4 |
Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
|
|||||
Last
0.3¢ |
  |
Change
-0.001 ( 3.23 %) |
|||
Open | High | Low | Volume | ||
0.3¢ | 0.4¢ | 0.3¢ | 5960672 | ||
Last updated 15.59pm 02/05/2024 ? |
Featured News
LPD (ASX) Chart |
The Watchlist
RDN
RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
MD
SPONSORED BY The Market Online