LPE 0.00% 16.0¢ locality planning energy holdings limited

Ann: Correction to Market Update 25 January 2019, page-36

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,673 Posts.
    lightbulb Created with Sketch. 279
    Sadly it isn't the 'light' volume driving the price, it's the material lack of buying interest in the story that is the issue. No less than a 32c (+50%) spread on market at present.

    Management need to accept that various changes to reporting, the last market update and the sloppy correction have all had a negative effect on the market's willingness to get involved or want to maintain a position in the company. It's going to take more than a few consistent / positive updates to see meaningful interest look to get involved.

    Management need to lead by example and if they truly believe in the business and that 'all is fine', they should be stepping up on market hoovering up as much stock as they can at current prices or is it the sad reality that ownership in the business will only occur when scrip is printed and shares are issued.

    LPE.jpg
 
watchlist Created with Sketch. Add LPE (ASX) to my watchlist
(20min delay)
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
Last trade - 15.08pm 29/11/2024 (20 minute delay) ?
LPE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.