Wow, I didn't mean to provoke an argument! Snc and Raj, you have opposing views to Steini, which is fair enough.
So if the directors are looking after themselves, and not shareholders (which is quite possible, it wouldn't be the first time on the ASX), can both of you please explain your alternative view on what will happen when 1.5bn shares come out of escrow in January?
Looking at the company revenue / P&L / growth prospects, I am still coming to the conclusion that they won't be looking to sell at the current SP. And hence there will be no s-t downward pressure on the SP until the SP more closely resembles true value.
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Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.42M |
Open | High | Low | Value | Volume |
15.5¢ | 16.0¢ | 15.5¢ | $1.879K | 12.05K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 38359 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.0¢ | 10587 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 45374 | 0.125 |
3 | 478413 | 0.120 |
2 | 484782 | 0.115 |
4 | 693732 | 0.110 |
1 | 50000 | 0.086 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 448144 | 6 |
0.135 | 450000 | 3 |
0.140 | 470000 | 3 |
0.150 | 8000 | 1 |
0.160 | 59490 | 2 |
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LPE (ASX) Chart |