Send2,
it is not the job of management to promote the comp unless they need capital. LPE is cashed up and from now on should be able to finance any extra expansion from its own funds / debt facility. The sp is determined by the comp performance and how holders / buyers interpret it. The sp will always move around the true / fair value, sometimes above - like last year 5c - and often way below - like now.
If holders hold and not sell the sp will hardly drift down as buyers think " Nobody sells - it must be good. " and will buy up. Same applies the other way which we see atm. On top of it many are anxious about reaching the game changing profitability milestone as they think there will be a huge sell off if not announced next week but in 3 months. The comp is one of the best growth stocks the ASX has ever seen as there is no risk of overproduction, falling sales, overstocked...... as our customer demand can't hardly be met, each $ invested produces multiple $ of profits over 5-10 years GUARANTEED and so far there is NO COMPETITION.
The market will pay attention when the big guys move in and they will. The trick is to get set before the market starts pushing up the sp in the highs - unless LPE gets taken over before that.
Placed buy orders now from 2.7c - 2.5c, it is a great day today for someone to panic and to provide a bargain for those who can wait a bit.
GLTA
- Forums
- ASX - By Stock
- Ann: June Operational Update
Send2, it is not the job of management to promote the comp...
Featured News
Add LPE (ASX) to my watchlist
|
|||||
Last
13.0¢ |
Change
0.005(4.00%) |
Mkt cap ! $23.42M |
Open | High | Low | Value | Volume |
12.5¢ | 13.0¢ | 12.5¢ | $9.009K | 71.36K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 196398 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.0¢ | 402195 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 410709 | 0.120 |
1 | 50000 | 0.115 |
5 | 703732 | 0.110 |
1 | 50000 | 0.086 |
1 | 20000 | 0.025 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 402195 | 4 |
0.135 | 450000 | 3 |
0.140 | 470000 | 3 |
0.150 | 20500 | 2 |
0.160 | 59490 | 2 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
LPE (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online