LPD 50.0% 0.3¢ lepidico ltd

LPD, page-80

  1. 864 Posts.
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    I'm not sure why you posted your comments in Post #: 65506061in the LPD Price thread @Reno1. It seemed to have nothing to do with the topic title, so I'll respond here.

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    "We all blaming macros..covids etc. Company has enough money in the bank to start ball rolling without worrying bout 3rd party funds. So what they actually doing....just sitting on their asses, drawing salaries and drinking lattes and playing darts all day waiting till skies clear ffs?"
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    1. "We" (whoever that is) are not all blaming macroeconomic event and COVID-19 etc (although it's not clear: blaming for what?).

    2. Read the CR prospectus, and the companion supplementary prospectus. It lists where the monies are being spent.

    https://hotcopper.com.au/data/attachments/4941/4941624-014d080dc47ca03ed06b9e80b5af4350.jpg

    https://hotcopper.com.au/data/attachments/4941/4941625-d7144cb520d6ff4e30562bf85c83a8d5.jpg

    3. The 2022Q4 report will be released by the end of January 2023, in which you should read how the funds are being deployed.

    I know it's a bit of a stretch suggesting investors do some reading, when it is much easier to bang out a complaint on an internet forum, but these reports are informative, and significantly more constructive than your contribution. DYOR.
 
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