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
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. |
|---|---|---|
| 15.5¢ | 5000 | 1 |
View Market Depth
| Last trade - 10.31am 18/11/2024 (20 minute delay) ? |
| LPE (ASX) Chart |