Congratulations Joe & Co!!
Here's a fair dinkum display of integrity, amongst the usual shenanigans of the ASX Wild West. Let's summarise....
1. LPD SP is on a scream, trend is friend.
2. LPD team become aware of some inaccurate information being distributed (outside their control).
3. LPD request immediate pause to investigate, despite the upwardly trending SP. Let's not turn a blind eye to this boys, time to do the right thing. Straight on the Bat Phone to the ASX.
4. Investigations confirm the suspicions, set the record straight. Inform the market and take the inevitable hit in SP.
5. Carry on, business as usual.
Now I ask you all this. - With all the fluff, spin and nonsense we see in so many market announcements. How easy would it have been to turn a blind eye, do nothing and claim ignorance??
Answer - It would have been very easy!
LPD approached the ASX, not the other way around. This was not a "Please explain". This was a small cap, developing firm doing the right thing.... That's integrity and in turn, I sleep better in trusting these guys with my LT investment dollar....
Each to their own.... Just refreshing to see, in my opinion.
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Price($) | Vol. | No. |
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Last trade - 15.35pm 02/05/2024 (20 minute delay) ? |
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