Finding qualified electricians appears to be the sticking point and as with any industry with a skills shortage it becomes very expensive. But in my view securing a decent sized loan should be a priority even if it is surplus to requirements. It can always be paid back if not needed but if servicing a low interest rate loan can be mitigated by a cash flow positive business model then it's nothing short of fortuitous to take advantage of this rare opportunity to grow the business and reward the owners (us) in the process.
And the reward is LPE will be big enough to absorb any interest rate rises that so often kill other small business and send them broke. Banks make billions every year and they use debt to do it. LPE should follow suit.
All my 2c
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Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.42M |
Open | High | Low | Value | Volume |
16.0¢ | 16.0¢ | 16.0¢ | $30.4K | 190K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 156101 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 150961 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 45374 | 0.125 |
3 | 478413 | 0.120 |
2 | 484782 | 0.115 |
4 | 693732 | 0.110 |
1 | 50000 | 0.086 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 448144 | 6 |
0.135 | 450000 | 3 |
0.140 | 470000 | 3 |
0.150 | 8000 | 1 |
0.160 | 59490 | 2 |
Last trade - 16.10pm 26/11/2024 (20 minute delay) ? |
LPE (ASX) Chart |