Rajenp5,
you are worrying way too much about the escrowed shares. The holders who got them aren't CR sharks - if they want to sell large quantities they will sell them off-market to the big guys. They won't put them up for sale at 2.5c or what ever the sp may be. Management is smart enough to have learned from the current behaviour of the CR sharks who of course did exactly that. Once we are in January 2018 we should have a very profitable business that is owned to about 60 % by just 4 parties and they won't do anything stupid to let their baby getting killed.
You can be sure that by then there will be big buyers lining up to get a decent share of LPE should anyone decide to sell.
The sp will climb once we see the positive quarters being reported and true LT investors with dividend ambitions will step by step replace small holders who can't see the bigger picture.
All good imo.
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Open | High | Low | Value | Volume |
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---|---|---|
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3 | 478413 | 0.120 |
2 | 484782 | 0.115 |
4 | 693732 | 0.110 |
1 | 50000 | 0.086 |
Price($) | Vol. | No. |
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0.130 | 448144 | 6 |
0.135 | 450000 | 3 |
0.140 | 470000 | 3 |
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