LPD 16.7% 0.4¢ lepidico ltd

It's just a research paper based on what they have to work with....

  1. 2,765 Posts.
    lightbulb Created with Sketch. 513
    It's just a research paper based on what they have to work with. From memory their last forecast was circa 4c based on 3,000tpa, that didn't stop the share price hitting 8c and subsequently reverting back to today's level. These reports are almost irrelevant as far as share price activity/volatility goes.

    Besides, it wouldn't have looked good on the company to commission the report and then not release it due to not being what they'd hoped, so it's maintaining the company's reputation of being completely transparent which as a share holder is all you want.
    I'm sure Joe knew the report outcome to the cent before it was commissioned, and he would also be entirely aware of the vast changes in value as boxes get ticked off.

    At the end of the day, if this forecast were to be the absolute worse case scenario, a 195℅ return or 48.5℅ year on year for the next 4 years, if Edison or any investment could guarantee me this, I would gladly sell every stock I owned to pump it into this, turn my computer off and hit the beach for 4 years.

    GLA
 
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