LPD 16.7% 0.3¢ lepidico ltd

When the number of shares on issue changes as companies raise...

  1. 864 Posts.
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    When the number of shares on issue changes as companies raise required capital to develop the business, focusing on market capitalisation is infinitely more informative than the share price.

    As LPD approaches production, it is more useful to consider the target MC, rather than a SP. As more shares have been issued since 2016, the historic SPs are rather meaningless.
    https://hotcopper.com.au/data/attachments/3791/3791799-b6f4d37f6c6eaae36d937c73401a17e3.jpg
    (E&OE)
 
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