I hope you're right olderwiser - I have quite a well-developed financial model but I can't see an operating profit this quarter, even ignoring investment activities for the moment. I do see an operating profit the following quarter, but my model shows that they won't show an overall profitable quarter until March 2019.
And with so many shares on issue, the eps does not look flash until FY21 and beyond.
Hopefully I'm wrong and you're correct.
I do have a reasonable position in this, and am prepared to wait for a few years when hopefully everything pans out.
LPE Price at posting:
2.0¢ Sentiment: Hold Disclosure: Held