LPD (ASX) lpd share price

I'm not sure as to being fully funded to get LPD through to production. The company is going to need some form of outside financing. Whether that comes in Off-take agreements, debt financing, cornerstone investor, JV et al remains to be seen.

At the moment this matter is yet to be determined. One cannot keep saying everything is going to be OK once this or that happens. This was being said about the pilot plant. We all saw what there ex-post. A (professional) speculator/trader undertook a market operation to drive the price down.

Originally posted by Naughtpatjoe: ↑

Whoever is making these big sell transactions at strategic moments in the day, they are certainly feeding them out to wipe out as many buy orders they can at a price level with sufficient volume as not to scare all the buyers away at that price line.

Who or what holder has this market power? Even if that single seller captured one third of those trades on those specific days they would have sold into the market over 60 million shares,

From 22 May to 22 Aug the average traded volume was 7.729 million, therefore it's obvious that the current trend is driven by some motive of the seller(s) (I hope not as group) with the intent, regardless of price and how low they push it down, to panic others to follow the same course of action in order to cascade the price to spiral even lower.

This was something that the 'Carpet Baggers' in the USA did in the 1920s-1930s. I noticed today that a report came out about share market trading after a study by an Australian University, ANU but ASIC denies the study and says it finds no grounds.

However, the last few weeks in respect of LPD makes one wonder if there isn't a concerted attack on the company.Originally posted by Naughtpatjoe Originally posted by Naughtpatjoe

Expand

Originally posted by Naughtpatjoe: ↑

Yes I take your point, however price and MC are important to attract future investment in the company, Institutions and sophisticated investors want to see actual growth not only potential growth. A share price which is high and at a premium (implying a high MC above book value) finds it cheaper to raise further investment capital through further share issues, placements, JV (stronger negotiating stance) and other financial avenues (eg debt finance).

Moreover, disillusioned investors who initially entered on a long-term plan, too are affected. They notice that the opportunity costs are becoming far too high to sustain the erosion of their investment; and the close substitutes (to LPD - they don't need to be clean & green) are becoming more attractive. Eventually these investors are lost, and deterred from returning to LPD as there memories of the experience cut too deep.

Any rational officer of a company will strongly prefer - and admit - they want the company's value to increase because it makes their position secure and their job easier in respect of future financing growth; and for the wealth of SHs, in particularly those rusted on.

Expand

Don't take this as a negative view on LPD, its not meant to be. It is one that is trying to realistically understand the trading psyche of current sentiment given the world situation and how to neutralise the crisis ahead of us all.

Cheers.

PS My operating system has trouble with the new platform
sorry for triplicate inserts.

No.	Vol.	Price($)
1	100000	0.3¢

No.

Vol.

Price($)

100000

0.3¢

Price($)	Vol.	No.
0.2¢	99000	1

Price($)

Vol.

No.

0.2¢

99000

No.	Vol.	Price($)
1	100000	0.003
180	206882564	0.002
44	184161088	0.001
0	0	0.000
0	0	0.000

No.

Vol.

Price($)

100000

0.003

180

206882564

0.002

184161088

0.001

0.000

Price($)	Vol.	No.
0.002	99000	1
0.003	100924388	54
0.004	42055237	46
0.005	11836744	13
0.006	9138260	14

Price($)

Vol.

No.

0.002

99000

0.003

100924388

0.004

42055237

0.005

11836744

0.006

9138260

(20min delay)
Last 0.3¢		Change 0.000(0.00%)		Mkt cap ! $25.76M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

I'm not sure as to being fully funded to get LPD through to...

SCEE boosts Synergy deal by $50M for Collie battery project

Fast-track assaying yields 182 g/t gold for iTech at new NT play

Saturn’s stars have aligned for the gold explorer’s Apollo Project

Latitude 66 Shares Surge 8900% on Promising Exploration Update

Askari sets exploration target of up to 323K ounces Au at Burracoppin

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

I'm not sure as to being fully funded to get LPD through to...

Top Stories

SCEE boosts Synergy deal by $50M for Collie battery project

Fast-track assaying yields 182 g/t gold for iTech at new NT play

Saturn’s stars have aligned for the gold explorer’s Apollo Project

Latitude 66 Shares Surge 8900% on Promising Exploration Update

Askari sets exploration target of up to 323K ounces Au at Burracoppin

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News