Froggy, Rajen, these escrowed shares are the performance shares...

Froggy, Rajen,

these escrowed shares are the performance shares and the voluntarily escrowed shares by another shareholder. So, HC always calculated the MC accordingly. Now if you look at the stated MC, about 50m, that's actually the 2.5b from 04 January on. 2.5b x 2c = 50m.

Until 04 January 1b will be available on the market for trading but the mc was always based on 2.5b.

Nothing has changed guys, keep it real. Rajen, Froggy and I have discovered another gem ( OOK ) which we currently enjoy. If you are not happy here maybe you can switch.

But: Despite OOK and BCT got less revenue, but increasing, and a smaller mc than LPE, LPE is still unbeaten when it comes to revenue / mc / cfp on the ASX imo. Maybe the beaten down CIO comes in close.

The big funds, including the one I posted, are quietly accumulating knowing that the 60 % management holds will repel any t/o attempt and sees them in the boat with management when management is ready to sell. LPE is like a road train, takes ages to speed up but once got going - hard to stop.

Of course, we want to hold everyday stocks like ASN or BXN, but these are hyped stocks with the danger of getting crashed at any time. LPE got crashed but performs excellent as a company - won't be down forever. Today's action could be seen as a proof of Olderwiser's assumption of one or 2 accumulators operating here to scare people into selling using the fear of the escrow release and CR rumours.

So guys, stop assuming and stating LPE's management is helping themselves to gazillions of shares. It is their company built from scratch before the RTO, that's why they own that many - simple.