Considering a few working days lost in December LPE should sit at 145-150 GWh managed / billed pa which should be the lowest average base for 2018. Depending on conversions per month - assuming 6 per month average - we should end 2018 between 220 - 250 GWh which means half way to 450 Gwh.
If the sp still stays at 2c by end of year then nothing will get it up.
I made some phone calls to brokers / investment comps / Super in December whether they know about LPE or not and 6 out of 8 knew about it, waiting for CFP anns to consider any investment. If they didn't lie to me, then there is hope.
With the 1.3b released shares today there is plenty up for grabs for buyers if they offer the right price to the directors. If directors refuse, then an on-market buy would be the only alternative for them - how good would that be.
Green today, page-19
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13.0¢ |
Change
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Mkt cap ! $23.42M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.5¢ | $8.977K | 69.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 511814 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 36880 | 1 |
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| LPE (ASX) Chart |