Agree with you that revenue is locked in (secure) from existing contracts going forward. They have stated previously that average contract lengths are 6.8yrs. This gives them ~5.5yrs before contracts start expiring. Any additional GW during this time will only add to the total under management. So in essence you could hold for 5.5 years with no risk of GW under management falling.
In the EOY report it was stated that they have enough GW to get them over 200GW.....well on there way to the first goal of 450GW.
Agree with you that revenue is locked in (secure) from existing...
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Last
16.0¢ |
Change
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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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| Last trade - 15.08pm 29/11/2024 (20 minute delay) ? |
| LPE (ASX) Chart |
