It's not a good look. A very badly managed C R in my opinion, it's well known they badly needed money for the work coming up to get this project off the ground, and as you say, management and B of D have been, in their absence, very unsupportive in regards to the company's shares, happy to pick-up the free-bees and cheap oppies but not willing to go out and buy in the market.
When Fortesque was put under pressure Twiggy Forrest often stood and bought his company's shares, and in doing so (belief in his project) made a motser, deservedly. LPD may prove some success with its technology, I'm doubting though that thought. He's not on his own in this respect, Gerry Harvey and the late Kerry Packer were of the same fibre.
When it crashed through 2c from 2.2c to 1.8c in late April I suspected something wasn't right and today showed, there are serious questions to be answered by management and the taking of shareholders as a necessary evil to be tolerated and patronised with soothing assurances that are later contradicted and reneged upon.
- Forums
- ASX - By Stock
- Ann: Entitlements Issue Prospectus
It's not a good look. A very badly managed C R in my opinion,...
-
-
- There are more pages in this discussion • 25 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(50.0%) |
Mkt cap ! $25.76M |
Open | High | Low | Value | Volume |
0.2¢ | 0.3¢ | 0.2¢ | $7.307K | 3.040M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
152 | 192819366 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 106977969 | 57 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
152 | 192819366 | 0.002 |
40 | 174071043 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 76977969 | 56 |
0.004 | 46406507 | 60 |
0.005 | 16256310 | 23 |
0.006 | 4638594 | 10 |
0.007 | 4963897 | 6 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
LPD (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online