Lpi have been trading the sideway pattern since May 18. Big players are waiting for substantial news to pump this stock.
Good news support level from 26.5c.
We have a few key milestones due in the next 3-6 months. Be patience as this will reward you hugely.
Having said that LPI management need to start provide regular updates and actively engage with fund managers.
They are sitting their getting handsome pay at the moment.
If I have the vote power, i will actively persue other stakeholders to change the way the Board is running.
Maybe the current substantial holders are comfortable that things happen in the background that we retail holders have no visibility of.
LPI Price at posting:
29.0¢ Sentiment: Buy Disclosure: Held
