I think they were just continually adding fixed below the line costs at the same rate as top line revenue and gross profits grew - so no matter how big they grew, net profit was always the same (or worse). Either because of management decisions or the business model was not scalable profitably.
Ann: Hedge position realised for $17.8m upfront, page-5
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.22M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 14.0¢ | $157 | 1.123K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23076 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 100000 | 1 |
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| Last trade - 13.27pm 17/09/2024 (20 minute delay) ? |
| LPE (ASX) Chart |