It’s most likely a combination of reasons like; The news coming out of Chile that nationalisation is dead. The demerger coming up and buyers wanting to get on board so they can get free shares. Insider knowledge on a significant deal. Or just maybe investors have finally realised how cheap LPI is compared to its peers. Either way I’ve been a holder for so long now and have gone through the wringer with LPI (like all long term holders) that I am numb to the moves it makes now. I’m not thinking of selling any shares until it’s well over $2 so when I see a day like today I’m just thinking about bloody time.
LPI Price at posting:
87.0¢ Sentiment: Buy Disclosure: Held
