$ 10m annual profit and growing valued at just PE 7

Everyone, apart of Froggy who understood the 4C, please take a deep breath.

1. LPE is applying the AMAZON model atm - reinvesting profits to grow the business.

And have a look at AMAZON's value.

2. They are billing about 4m per quarter but if they would stop converting still 15m get billed and the billing would cost less than 5m annually = at least guaranteed 10m in profit per year. That's a PE of just 7 fully diluted. PE 15 is average = a sp at 5.5c

That's why I have continuously mentioned fair value is at 5c.

3. LPE is cashflow neutral despite re-investing based on billing 100 GWh annually but they are already billing more. And their aim is at least 450 GWh. Any reinvested $ will produce multiple $$$ in profits over time.

Unlikely they ever have to do a CR unless they would expend massively into NSW from tomorrow on.

4. Just because one holder sold some shares after the news and nobody bought doesn't mean the real players aren't aware of LPE. I emailed todays anns to 4 Superfunds. 2 responded in a way like " We already know ".

5. Management holds about 2/3 of shares fully diluted - they will determine the t/o or final sale price for LPE when the time is right - if the sp is still  low now then don't complain - take advantage of some sellers short sided views.

6. Just read the news about EV charging stations - currently LPE holds the monopoly supplying the power to Tritium.
An income stream the market hasn't even started to consider.

7. Summary: Be patient, already 10m profits guaranteed for the next 5-10 years. The re-rating process will come sooner than you think, sp at sub 3c - it is just to cheap.

GLTA