LPD 20.0% 0.2¢ lepidico ltd

Ann: Lepidico secures $7.5 million facility & 3B, page-143

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  1. 1,167 Posts.
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    @Jasox
    Tis good for us. They mention it in a few videos and the guy hosting (cofounder) said it is just a rule of thumb for their maximum, personally when he is dealing he tends to be more conservative. He does say it depends on how much the company is trying to raise and market situation though, so I guess situstionally it can be more, but safe to say they don't like dealing more than that because it adversely affects them. Large grains of salt, I agree, but as you point out it is in their interest to get sp up or at least not crash it. They might get more volume and more cash selling at the floor, but generally for them higher SP is better.

    Took you off ignore a while ago mate. Felt like you were just downramping before, repeating the negative talking points we had already discussed a half dozen times and I got sick of it, but we are past those now, and you tend to do some decent research these days, so I respect that. Still differ on a few issues and you have your criticisms (some good ones too so ty), but feels like we are about the same level with this issue.

    Hope you had/have some good holidays
    Last edited by rayien: 31/12/19
 
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