STTCOMP LPE, FA Long
Locality Planning Energy
Share Price: 2.4c
Market Cap: $60.1m
Locality Planning Energy is an energy retailer that sells exclusively to strata/apartment blocks. They offer a service where they bulk buy the electricity, get it cheaper and then pass on these savings to all the residents who are invoiced individually by LPE. They RTO’d at 2c and since then over the last year and a half has surged above 4c and fallen back to around the IPO price despite making significant progress on the business over this time.
All performance shares associated with the RTO have now been hit with LPE announcing they hit the final milestone of 100GWh under management 14 months ahead of schedule last week. Near term catalysts include: “LPE looks forward to updating the market in the coming weeks on significant developments regarding a debt facility, with the Company remaining on track to achieve positive operational cash flow by July 2017.”
Thanks @peejayhercules for the chart.
- Forums
- ASX - Short Term Trading
- Short Term Trading Week Starting: 15 May
Short Term Trading Week Starting: 15 May, page-61
-
- There are more pages in this discussion • 196 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)