Regent, exactly my point: "They also point to the project being funded and going ahead as all employees have starting dates."
Yes, the announcements give the impression that funding is secured, which is why I conceded that the almost daily new employee announcements may not have been "useless" as I described in my original post.
The announcements may have been aimed at creating a belief that expensive employees have been appointed, and therefore funding is in the bag - but we can't tell you yet!
This is indeed "useful" if you examine cui bono - LPD would benefit by bolstering the share price in advance of LPDOB and LPDOC expiry. That is my opinion, consistently expressed.
Of course, this opinion does not fit the majority narrative, eloquently expressed by those who claimed it was a legal requirement to make these ASX announcements.
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Mkt cap ! $17.17M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
139 | 281199203 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.2¢ | 17818911 | 24 |
View Market Depth
No. | Vol. | Price($) |
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135 | 276698203 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.002 | 17590576 | 23 |
0.003 | 52419391 | 54 |
0.004 | 34633666 | 36 |
0.005 | 13830858 | 12 |
0.006 | 7301726 | 11 |
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