Nice to see some signs of life in the SP and a break of the downtrend. Next update and 4C will be a very interesting read and definitely give more clues about when they may be cash flow positive.
However, I think that the expectations may be too high given they are only really starting their growth, so costs are always going to be high. I don't mind that as we are also seeing revenue increase exponentially.
I think Q4 2017 is a good estimate if everything goes well and as planned. But I'm holding these for a few more years at least (the only penny I plan to hold LT), when the growth and costs may have slowed but the revenue keeps rolling in
IMO this dip is the opportune time to buy and hold LPE for a few years, but always DYOR
Nice to see some signs of life in the SP and a break of the...
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Last
11.5¢ |
Change
0.005(4.55%) |
Mkt cap ! $20.72M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.0¢ | 11.5¢ | $75.55K | 656.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1225300 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 413932 | 3 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| LPE (ASX) Chart |