LPE 0.00% 16.0¢ locality planning energy holdings limited

Yes I agree.  I finally sold out the last of my holdings today...

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  1. 1,698 Posts.
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    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.
 
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15.5¢ 16.0¢ 15.5¢ $1.879K 12.05K

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Price($) Vol. No.
16.0¢ 10587 1
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Last trade - 15.08pm 29/11/2024 (20 minute delay) ?
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