LPE 0.00% 16.0¢ locality planning energy holdings limited

Ann: Consolidation/Split - LPE, page-8

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  1. 989 Posts.
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    Total agreement from me, they are not selling it well. There is very little interest, as can be seen from attendance at the AGM. Using the link I counted 3 people in the audience and one of those was the auditor, now that could be wrong but not by much.

    Then look here on hot copper days go by without comment. The board has an obligation to act in the interests of all shareholders, that includes acting to maintain a reasonable connection between company performance and share price

    LPE is doing well, positioning itself as a stable electricity company with high and innovative growth in plan. I do believe the consolidation is a well considered move that will have had broker feedback prior to implementation. We now get to see if they got it right.
    There is a big difference between struggling companies consolidating and the successful consolidating
    Last edited by olderwiser: 22/11/18
 
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