LPE 0.00% 16.0¢ locality planning energy holdings limited

Ann: Appendix 4C - quarterly, page-37

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  1. 6,815 Posts.
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    There are about 60 % of all shares escrowed if I remember correctly. That means anyone selling on - market would commit a " LPE sp suicide ". More likely that if there is a party that would want to sell - I highly doubt it - will sell off - market. If the next monthly increases come in at 6 GWh we sit from 2018 on at 150 GWh billing base and anyone who would sell for less than 5c is a fool. But I won't mind some holders filling their pants already and driving the sp further down while the fundamentals keep on getting better month by month.

    Management hold about 2/3 of shares and correct, they don't care much about the sp until LPE reached the target of 450 GWh. Then, pay day comes and they will sell at an appropriate sp level.

    This is a secure 3 -5 years play, anyone who can't wait that long should look for something else.

    GLTA
 
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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
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