I think it is the nature of this stock. It isn't the type to suddenly double on a mineral assay, oil strike, or global technology deal. So the opportunity to get on board if you mistime your entry will only cost a few pips.
Catalysts like the September GW update due soon may cause a little flurry if above expectations, but wont translate into FOMO and rapid share price growth, until the larger players decide to push forward.
Currently accumulation is the game.
I do believe this price is a bargain for all, with a decent safety margin already built in.
Think of how far the company metrics have advanced since listing and how relatively little the share value has moved
Business model, proven
GWH under management 50+
Revenue annualised on 50GWh 11 million
Growth rate accelerating, some 30% above prospectus forecast
Happy to patiently wait for the share price to catch up with company progress
LPE Chart, page-25
Featured News
Add LPE (ASX) to my watchlist
(20min delay)
|
|||||
Last
15.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.03M |
Open | High | Low | Value | Volume |
15.5¢ | 15.5¢ | 15.0¢ | $3.752K | 25K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 250348 | 14.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.0¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 250348 | 0.145 |
2 | 107200 | 0.140 |
2 | 1006071 | 0.135 |
1 | 11814 | 0.125 |
1 | 476979 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 10000 | 1 |
0.165 | 44961 | 2 |
0.170 | 194300 | 5 |
0.175 | 159354 | 3 |
0.180 | 120000 | 2 |
Last trade - 10.31am 18/11/2024 (20 minute delay) ? |
Featured News
LPE (ASX) Chart |