LPD 0.00% 0.3¢ lepidico ltd

Ann: Full Year Statutory Accounts, page-11

  1. 3,106 Posts.
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    I was fortunate enough to sell all my holdings in May and move it over to INR. Id call it dumb luck. Not cross promotion just stating what occurred.

    It was 4hrworkweek who pointed out that this company keeps promising and failing on delivering anything significantly material. Here we are now without finance and significant interest rate rises to follow. So this low cost financing, where is it now going to come from?

    The train has left the station and now a lot of shareholders will be burned while the company tries to find some way to source the capital they will need to get anywhere with this project in the future. I think a huge consolidation is necessary and a board change up from failing to meet objectives on multiple occassions.

    Goodluck to anyone with the guts to continue holding this one. You have far more than myself.
 
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