Eh?
The strata manager earns the fee for managing the body corporate issues in the building including section 109 certificates and organising repairs / insurance / collecting levies / running meetings.
If the manager or the building itself has a $10k electricity bill then uses lpe to save 35% or $3500 per annum in electricity costs that is a win!
This means lower levies as more cash in the admin fund to pay the bills.
Management of the P&L in both admin and sinking funds is critical - electricity is one of the biggest costs. If lpe can connect to strata managers and convince them then this stock has some real legs.
I'm not sure you are quite grasping the concept ... Anyway have a good night.
LPE analysis, page-42
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Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $26.12M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 294142 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 100000 | 2 |
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