LPE 3.33% 15.5¢ locality planning energy holdings limited

Kic, they will continue until they've got 90% to trigger...

  1. 6,815 Posts.
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    Kic,

    they will continue until they've got 90% to trigger compulsory acquisition, then the ASX will sell them our shares automatically. Let's hope it won't be lower than 5c as they are working towards that goal.

    If they would stop converting at 100 GWh and just passing on the bills they would be already making millions in profit annually. Just as long as they converting more and more the quarterly shows the huge expenses which of course will return even more money. But the market doesn't get it and BP is taking advantage of it.The 2.2c sell orders may have even been their's too just to see if they could trigger stop losses. As long as holders sh.. their pants for no reason they will continue to milk them.
 
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