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
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Last
13.5¢ |
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Mkt cap ! $24.32M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 13.5¢ | $7.21K | 53.40K |
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| No. | Vol. | Price($) |
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| 3 | 525640 | 12.5¢ |
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| LPE (ASX) Chart |