LPD 0.00% 0.2¢ lepidico ltd

Even if there has been manipulation it only works with willing...

  1. 282 Posts.
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    Even if there has been manipulation it only works with willing sellers. Volumes suggest there have been more than enough willing.

    The pre-CR ebbs and flows tell me there were probably a lot of day traders stuck in the honey pot as the DLI deal came into view, and the onboarding of already disillusioned DLI holders was no way to ensure SP resilience. I don't know whether it could have been done any other way, but not accounting for this was a strategic blunder by the BoD IMO.

    But enough about the past: the key now is restoring shareholder confidence and forming a baseline. Despite timelines being pushed out a bit, I think management have hit all of their targets successfully. Carbonate and Hydroxide results came off very well, exploration has found plenty of capacity and some added bonuses (it seems). Funding and commercialisation are the risks in this climate, but management have been around the block and from where I sit at the moment I'd be willing to quietly trust that they know what they're doing.
 
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Mkt cap ! $17.17M
Open High Low Value Volume
0.2¢ 0.2¢ 0.2¢ $2.618K 1.308M

Buyers (Bids)

No. Vol. Price($)
7 3088505 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 73001401 59
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Last trade - 15.43pm 12/09/2024 (20 minute delay) ?
LPD (ASX) Chart
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