LPE 3.13% 15.5¢ locality planning energy holdings limited

Does anyone understand how their operating cashflows are so good...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 428 Posts.
    lightbulb Created with Sketch. 66
    Does anyone understand how their operating cashflows are so good for the last two quarters?

    My thinking is that it is something to do with the retail customers leaving. So they no longer have to pay for electricity for these customers and also bring forward their cashflows from the customers last payment.

    Hopefully things are normalised for the next half so that we can more clearly see how the business is tracking.
 
watchlist Created with Sketch. Add LPE (ASX) to my watchlist
(20min delay)
Last
15.5¢
Change
-0.005(3.13%)
Mkt cap ! $27.93M
Open High Low Value Volume
16.0¢ 16.0¢ 15.5¢ $1.172K 7.544K

Buyers (Bids)

No. Vol. Price($)
1 30028 15.5¢
 

Sellers (Offers)

Price($) Vol. No.
16.0¢ 125885 2
View Market Depth
Last trade - 10.44am 04/11/2024 (20 minute delay) ?
LPE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.