Almost all pennies are the same. Promise the world and deliver nothing. LPD hasn’t proven it is a viable company able to deliver revenue and profit. You and everyone else here is living on hope. The fact is you’re not sure. The sp here is irrelevant. Might have gone up x amount but it’s really in the same spot.
The only way this stock proves it isn’t is if it delivers on its promises and becomes one of the very few pennies that becomes big. Right now it’s bottom of the chain of a long list of different lithium manufacturers be it chemical company or miners or what ever else you want to categorise this stock in. They have a great story. A possible world leading way of lithium extraction and chemical production. But are you really any different than 7 year, 8 years or even 2 years..if you read the disclaimer from the latest Noosa conference ann spiel it clearly states they are drawing from statements made back years ago. What has changed is the sp and that’s coming from people anticipating future projections that keep getting delayed.
Right now in my view it’s a classic penny and there’s every chance you could have a very similar experience to you know where. Where this gets harder to predict than there’s comes from an idea I believe people don’t quite fully understand. Sounds great but what’s come of this? How different is it really from all those years ago? The locations have changed and plans have changed but the whole time they’ve had this process and surely big wigs would be jumping at this fast tracking it but yeah still years away.. cheaper greener lithium extraction with huge potential is getting overlooked for other plays including green hydrogen..governments especially the Australian one are investing there when surely they should be looking here.. why aren’t they? Seems so obvious.. but o think the actually fundamentals of this company actually reveal the reason why it hasn’t gone to the heights of others and probably never will and definitely won’t without more dilution.
- Forums
- ASX - By Stock
- LPD
- Come on Joe
Come on Joe, page-261
-
-
- There are more pages in this discussion • 152 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
RNU
Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some
FWD
Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm
Add LPD (ASX) to my watchlist
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.17M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
176 | 202034476 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 108832658 | 59 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
176 | 202034476 | 0.002 |
43 | 173561088 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 78832658 | 58 |
0.004 | 38446890 | 39 |
0.005 | 11336744 | 12 |
0.006 | 9227565 | 15 |
0.007 | 4963896 | 6 |
Last trade - 16.12pm 12/07/2024 (20 minute delay) ? |
Featured News
LPD (ASX) Chart |
Day chart unavailable