Look I am not an accountant. But I see LPD as having a shortage of cash at present. With outflows predicted for the next quarter leaving the company with a CR coming up shortly after. What is in the pipeline that can propel the SP? Of course a takeover could do it. Or maybe a free carry. But it seems LPD are engaging in entertaining MOU's and JV but they need some cash. YES???
Benchmark-based Forecast, page-16
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Last
0.2¢ |
Change
-0.001(20.0%) |
Mkt cap ! $17.17M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $992 | 496.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 15395779 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 57269719 | 60 |
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| Last trade - 15.47pm 27/08/2024 (20 minute delay) ? |
| LPD (ASX) Chart |