LPD 25.0% 0.3¢ lepidico ltd

@0.013c this company now has a diluted MCAP of $100 million....

  1. 2,016 Posts.
    lightbulb Created with Sketch. 635
    @0.013c this company now has a diluted MCAP of $100 million. Thats not low price considering no offtake or financing agreements are in place for what is going to be a small plant that is still facing many hurdles.

    Wait until listing day before patting yourselves on the back and instead focus on the details. Why is the company scratching for every available dollar? This year so far:
    Utilised Acuity facility
    Raised $9.6m

    Just snuck in an additional $2.9m raise which is IMO the reason for the aftermarket announcement. It wouldn't surprise me if the rose coloured glasses mob have overlooked this detail.

    Now theres 7.5 billion shares diluted and still no end in sight. Wait until these shares hit peoples accounts..
 
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