Just to reply to some questions. I am not an accountant but:
Profit = Revenue less expenses, last 4C at about $ 65k loss
That means LPE is now operating cash flow positive, as confirmed by LPE as well.
But: If we cut out the re-invested profit used to pay for the conversions the company would make about $ 2.5m in profit per quarter. And that for the contracted period of 5-10 years.
If revenue would be the billed amount they need to pass on to the power producer, less their 15 % margin, then LPE would be still deep in the red. But that's not the case and therefore the above calculation model should apply.
No idea why someone felt the need to dump into 2.4c but that's the market, providing an insane low price for buyers who have a LT goal. Let me just refer to BUB. Bad comments by many posters saw the sp drop to 12c before touching the 90s. Can happen here as well, from 2.4 c to 10c. The profits will roll in big time, once reported there will be no turning back. Just be patient and DYOR.
Steini
- Forums
- ASX - By Stock
- LPE
- Facebook review
Facebook review, page-26
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LPE (ASX) to my watchlist
(20min delay)
|
|||||
Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.42M |
Open | High | Low | Value | Volume |
15.5¢ | 16.0¢ | 15.5¢ | $1.879K | 12.05K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 38359 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.0¢ | 10587 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
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 - 15.08pm 29/11/2024 (20 minute delay) ? |
LPE (ASX) Chart |