LPD 16.7% 0.3¢ lepidico ltd

It was a brave (and somewhat left field) to move to merge with...

  1. 748 Posts.
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    It was a brave (and somewhat left field) to move to merge with Desert Lion. Not sure the move has fully enamored the market. I bought in because of the tech pre this happening and am not 100% sure about it. It doesn't help with the burn rate, that's for sure. Time will tell whether it is a stroke of genius (it may be well if prices recover) or a flop. Not sure the company had to do it though. It could have kept on advancing the tech with much lower overheads and overall risk.

    GLTA!
    Last edited by fnbig1: 24/02/20
 
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