I have far to many to sell easily, am up 47% benched against cost as of today and considerably more benched against closing price for 30/6, despite the negativity from some and realising the risk am of the firm belief LPD is an opportunity to engage in processing technology which might have potential across numerous production sites ,sitting is my choice, timing seems somewhat constrained no one can predict macro movements and LPD in a relative sense is close to parity with others in the sector which I use as a benchmark of relative value. Others I have held in this sector have had quite large movements and remain below their highs . It is my belief as we move closer to the reality of production the sp. can fall even more, all depends on who buys and what the macro environment is none of which I have any control over -----------------I am posting this for those who might be frightened by the downward movement to hopefully demonstrate that swings alone are not sufficient to justify trading given the erosion of capital from tax as a trader so holding represents the best longterm outcome , these are my own thoughts and do not constitute advice---------in time I will review my strategy but for the present am awaiting a confirming ann. that might significantly lift the sp.entered LPD 10 months ago and built the holding by 80% till the end of financial year and added 2 million at 4.9 c average cost which has little significant impact on the average cost of the holding, its not always about being absolutely right being approximately right is very good as I look forward to more ann. in the coming months moving closer to production I dont envisage any issues with finance for LPD
- Forums
- ASX - By Stock
- LPD
- lpd share price
lpd share price, page-13037
-
- There are more pages in this discussion • 3,632 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¢ | $29.70K | 15.03M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
125 | 273223390 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 32741268 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
125 | 273223390 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 3420269 | 4 |
0.003 | 55575452 | 58 |
0.004 | 28824634 | 38 |
0.005 | 12959877 | 10 |
0.006 | 8537559 | 12 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
Featured News
LPD (ASX) Chart |