Concerned about the sp ? Don't be, think about that:
If they needed 4m pa just to manage the current contracts and receive just 8m pa from receipts they would make 4m profit pa. That, at a PE of 15 would give LPE a MC of 60m, about 2.7c. The only reason why they aren't cashflow positive yet ( but very soon ) is that LPE is expanding. Imagine, expanding and already close to making a profit, which else ASX listed young small cap do you know has achieved that ?
Thanks today for letting me buy more at 2c.
LPE Chart, page-294
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Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.42M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.5¢ | $8.977K | 69.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 511814 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 36880 | 1 |
View Market Depth
| Last trade - 11.16am 11/10/2024 (20 minute delay) ? |
| LPE (ASX) Chart |