I have been following up with LPE on the rationale for stopping the monthly updates. Although I certainly looked forward to these as reassurance in an irrational market, moving away from them seems a sign of a maturing business
Summary of the replies received in my own words.
It is getting harder to provide these in a timely manner, so market expectation needs realignment. Volume reconciliation takes some weeks now due to the staggered market settlements.
Market updates will still be done, but not expected monthly. Updates will be followed with dial in shareholder meetings to allow better understanding of results.
Quarterly bottom line growth is a better format, due to the lead and lag of billing and receipts, which may even still bridge quarters.
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I have been following up with LPE on the rationale for stopping...
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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 |
Last trade - 15.08pm 29/11/2024 (20 minute delay) ? |
LPE (ASX) Chart |