LPD 50.0% 0.2¢ lepidico ltd

SHARE PRICE. It is low now. The blame falls on me and others who...

  1. 769 Posts.
    lightbulb Created with Sketch. 390
    SHARE PRICE.

    It is low now. The blame falls on me and others who sell before credit raising for a couple of reasons.

    Firstly, to buy back cheaper.

    Secondly, to take part in the credit raising by selling shares to help pay for the new shares and options.

    As a result, this puts downward pressure on the share price. It always gets down to the 1.8 credit raising price.

    Personally, I think that horse has run it race. The next credit raising will be commercial in nature and share holders won't be getting a chance participating.

    The share price should start rising from about now and continue to rise.

    I will not be selling any shares in Lepidico in the near future.

    Started back 2015 with 3 million shares and now more than 59 million shares and options.

    Not financial advice. Happy trading.


 
watchlist Created with Sketch. Add LPD (ASX) to my watchlist
(20min delay)
Last
0.2¢
Change
0.001(50.0%)
Mkt cap ! $12.88M
Open High Low Value Volume
0.2¢ 0.2¢ 0.2¢ $3.658K 1.916M

Buyers (Bids)

No. Vol. Price($)
119 216967824 0.1¢
 

Sellers (Offers)

Price($) Vol. No.
0.2¢ 27058330 24
View Market Depth
Last trade - 10.04am 09/08/2024 (20 minute delay) ?
LPD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.