LPE 4.55% 11.5¢ locality planning energy holdings limited

Ann: December 2021 Quarterly Activities Report & Appendix 4C, page-8

  1. 934 Posts.
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    I can't understand the life of me, why profitability has never ever been there. Yet competitors have no problem making margin and profit. The whole idea of this company was the company could make above average industry profit. What a load that has been. I feel like shareholders have been taken down the river with a leaky boat and no paddle. If this was Russia or China, the directors would be jail by now. Really feel for blackrock, lucky they where smart enough to cut back the 30m facility . They must be feeling pretty stupid now. Wondering how they are going to get there money back. Blaming Christmas and the holiday period for lack of finance is just crap. Plenty time all last year to refinance facility. No one waits until the maturity to refinance. The loan is impossible to refinance with quarterlies like the last one
    Last edited by Daz08: 01/02/22
 
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