LPD 0.00% 0.3¢ lepidico ltd

Ann: Renounceable Entitlement Offer to Fund Development and Growt, page-220

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  1. 490 Posts.
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    I did cash in my stock in the low 2's and parked it in KLL. Doesnt mean I'm not following LPD, I just don't feel safe having my money there at the moment. I dont think my assessment of recent years is harsh or unfair. I think its a much more accurate assessment then replying with LPD is up 100% in 12 months, that's just a hand picked timeframe which shows lpd in a positive light. The truth is appreciation in LPDs share price over the last 5 years has only occurred over a few very short periods which are followed by downward trends which last for very very long periods. For example in the last 6 months you investment could be down 265%. In just over 2 years you could be down 292% and 3.5 years could be down a whopping 585%. That aside my post wasn't even in regards to share price. It was that LPD have simply failed to execute on their strategy(strategies- plural) thus far and have given nothing concrete to indicate that this time is any different. If they get financed i am happy i really am and may buy back in if things line up. But come on seriously. Without financing and offtakes its nothing but a resource noone else will want and half of a proprietary process that is not fully proven (the half noone would previously fund). How could anyone say with a straight face that they feel safe to invest their money here at the current moment.
 
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