LPE 0.00% 16.0¢ locality planning energy holdings limited

Ann: Correction to Market Update 25 January 2019, page-9

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. 1,698 Posts.
    lightbulb Created with Sketch. 47
    Yes I agree.  I finally sold out the last of my holdings today (at quite a loss of course!) mainly because I have lost faith in management to provide accuracy and honesty in reporting.  Luckily for me I sold out before the final announcement this afternoon.  This final 'NOT" is not a typo, of course, nor is it an accident that they have decided to change/obscure their reporting metrics.  Nor is it an accident that the first use of the Blackrock facility is to repay director loans.  Nor is it an accident that they publicise with some fanfare what their future plans are (electric vehicle charging stations anyone?) and then nothing is ever heard of these again.

    I originally planned to hold this for a number of years as the GwH increased and the economies of scale translated into increasing profit. However it seems that every quarter provides another excuse as to why original targets are not being met and profits are not being made.  

    I can sleep more comfortably at night not being in this stock.   There are plenty of other fish in the sea.

    GLTAH.
 
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
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 34815 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.5¢ 144961 3
View Market Depth
Last trade - 10.04am 26/11/2024 (20 minute delay) ?
LPE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.