re: what on earth are perpetual doing
haha! not sure what perpetual is doing. these guys trade all the time so its not surprising. i must admit i do like LIP and hence feel falsely reassured that they bought in. i hold them at 73c and planning to buy more if it falls to 50c. its undervalued, only prob is the founders hold almost 50% - hence would prob be unlikely to be taken over. its been profitable eversince inception and managed by founders - great ROE, cashflow, and good industry immune to recessions/interest rates etc. anyway lets watch on..
LIP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held