I don't know what everyone knows about electricity, and especially retail side.
It is all about volume, it is an essential service. Nothing in utilities is fast or sexy. It is so fraught with compliance and struggle but once that volume is there you just print money.
LPE are so unique they actually own utility infrastructure which makes them more than just a retailer. The infrastructure requires such a negligible amount of maintenance it is basically zero. Margins are high for retail, but nothing extraordinary where the kicker sits is the contract security, no retailer has 5 years… it is a rickety 2 at max.
Q3 2016/17 we will see clear of cash burn; End Q1 17/18 Profits. This is just me working the volumes.
I am saving to buy more stock
- Forums
- ASX - By Stock
- Broker Data
I don't know what everyone knows about electricity, and...
-
- There are more pages in this discussion • 204 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LPE (ASX) to my watchlist
|
|||||
Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.82M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1375323 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.5¢ | 354114 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1375323 | 0.110 |
3 | 120000000 | 0.105 |
1 | 30047 | 0.100 |
1 | 100000 | 0.092 |
1 | 10500 | 0.091 |
Price($) | Vol. | No. |
---|---|---|
0.115 | 354114 | 6 |
0.120 | 118036 | 3 |
0.125 | 480765 | 2 |
0.130 | 244234 | 5 |
0.135 | 300000 | 2 |
Last trade - 16.12pm 11/07/2024 (20 minute delay) ? |
Featured News
LPE (ASX) Chart |
Day chart unavailable