LPE 0.00% 16.0¢ locality planning energy holdings limited

Ann: Chairman's Address to Shareholders, page-2

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ANNOUNCEMENT SPONSORED BY PLUS500
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  1. PZ.
    793 Posts.
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    One of our resolutions this year was that of Share Consolidation. In considering how to structure this a report of peer ASX listed companies was sought, 70 in total. On benchmarking by market capitalisation and revenues, of the sample the mean share price was $1.54 and the median was $0.74. It was therefore decided to take a 50:1 consolation to the shareholders. This will have the benefit of placing LPE in a larger
    investor market along with meeting mandates of higher calibre investor groups.
 
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