we have a new fund on board. I haven't really scoured the website to find out details but they have their investment thesis about halfway down in the article. I like and agree with this part: "The reason these companies are cheap relative to similar product companies on the ASX comes down a lack of a significant track record. Effectively they are all early stage companies or have early stage products (although still profitable) and the next few years will be key in determining their success. "
looks like its a small boutique fund.
heres the link. looks like it was written before yesterdays announcement.
enjoy.
https://www.tamim.com.au/tamim-stock-stories/a-portfolio-in-transition
Ann: New Product Line, page-20
Add LPE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
13.5¢ |
Change
0.005(3.85%) |
Mkt cap ! $24.32M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.3¢ | $25.17K | 188.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6184 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 224609 | 2 |
View Market Depth
| Last trade - 14.37pm 02/10/2024 (20 minute delay) ? |
| LPE (ASX) Chart |