yes a timeline , a plan ,yes this is where the circumstances of the individual come into play against any economic backdrop, Making a living as a sole trader is very different to having an income and investing or doing a bit of trading when it is your only source of income. First LPD is yet to be born as a business, those who bought a few and held for extraordinary periods of in excess of 4 years to get a return that say like Warren Buffets longterm average would have to at least quadrupled the capital value . In the not to distant past LPD reached a saleable level at 5.2c it actually hit a high of 5.6c , at that point most would do an evaluation, for myself having held for much less than 12 months this made it viable benched against quarterly tax requirements unless it dropped to the range of 2.2-2.5c , which actually happened over a period of some months , that was the risk at 5.6c. however returns generally depend on what you use as a base so at this point returns for myself look like this benched against EOFY 110%, benched against capital 25% at 2.9c that is just over 1 year invested or building an investment in LPD and then sitting. There are only a few stocks a very few that have a better position today achieving new highs , So for me and perhaps many others who have retained the stock LPD presents a very good case for risk/reward 0n the basis that we are presumably closer to production and overcoming most of the obstacles that will put it on a pathway to profit. Any longterm investor would look at returns benched against capital and time and it seems you saw opportunity elsewhere and exited for others like myself opportunity is just presenting . To acheive success in anything a timeline and a plan are essential and market noise is ever present, at the end of the day we are all here to make money and money has a Time Value
- Forums
- ASX - By Stock
- General discussion
yes a timeline , a plan ,yes this is where the circumstances of...
-
- There are more pages in this discussion • 401 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 LPD (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.17M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $348 | 173.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
75 | 76199478 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 65667448 | 49 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
75 | 76199478 | 0.002 |
73 | 186040865 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 65667448 | 49 |
0.004 | 29028176 | 35 |
0.005 | 12046941 | 12 |
0.006 | 2391995 | 7 |
0.007 | 1047189 | 5 |
Last trade - 10.04am 13/11/2024 (20 minute delay) ? |
Featured News
LPD (ASX) Chart |
The Watchlist
NUZ
NEURIZON THERAPEUTICS LIMITED
Michael Thurn, CEO & MD
Michael Thurn
CEO & MD
SPONSORED BY The Market Online