LPD 50.0% 0.3¢ lepidico ltd

He never does L2B1, always one line assertions. Sure there is...

  1. 763 Posts.
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    He never does L2B1, always one line assertions. Sure there is disappointment at present, the world is going through a very tough period and this Covid19 disease fallout will cause many companies to close their doors for good, only those with deep pockets may be in a position to survive.

    Whether LPD with this CR and stringent financial controls can pull through the next 12 months remains to be seen. It's better the CR now - even though the money is going to be difficult to raise - than trying to put it together six to nine months down the track.

    Presently, my mood is to take up my entitlements, the shares may go lower, no-one knows that for certain. However, I do think LPD deserves a chance to prove its Phase 1 LOH-Max plant.

    Cheers
    NPJ
 
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