LPD 0.00% 0.3¢ lepidico ltd

lpd share price, page-7863

  1. 1,446 Posts.
    lightbulb Created with Sketch. 150
    Yeah got in some time ago at 1.6-1.9c on the presumption of an offtake "any day". Learnt the hard way from having $7K in VIC and seeing it get decimated by 90% and never recover. All they seem to do is raise and dilute and pay their management 400K+.

    Do they not realize their wages alone basically cause the entire company to fold? I guess when siphoning that much out for so long they don't really care.

    So many companies on the ASX (IMO) are run like a private company using public funds to create lavish lifestyles for a few. This needs to be stopped. So many seem to have 0% accountability to share holders. As an example the GXY blunder that cost ... $40M and no one was even made accountable or any apology to shareholders.
 
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