Whoever is selling is either in desperate need for cash or doesn't get what LPE is doing. Energy is in its name but it is not an oil / gas / coal / solar company. It is an electricity sales company targeting Strata communities with 5 -10 years contracts at the lowest available price. Whenever a BC has to renew a contract - and that happens permanently in QLD - they got a chance to sell their "disruptive" cost advantages. They just have travel and office expenses - that's it for getting a 18% !!!!!!!!!!!!!!!!!! profit margain. And with electricity prices going up they are perfectly placed and ready to expand into NSW and VIC.
That's why I am so excited. And if the market doesn't get it now - one day they will, paying 10c, 20c ........per share.
LPE Chart thread, page-37
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Last
13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $25.22M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 13.5¢ | $11.55K | 85.57K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23076 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 99985 | 1 |
View Market Depth
| Last trade - 10.50am 18/09/2024 (20 minute delay) ? |
| LPE (ASX) Chart |