LPE 3.33% 15.5¢ locality planning energy holdings limited

Thank you... It's pretty sad when people can't handle an...

  1. 953 Posts.
    Thank you... It's pretty sad when people can't handle an opinion/question other than TOOT TOOT to the moon and all that garbage. I don't hold shares and I have never held shares nor do I know anyone else who does or did. I did work in the energy industry though and spotted this as a good investment - but I'm not dipping my toe in until management stops taking money off the bottom line.

    They are getting very large annual salaries ($175K) as another poster mentioned + they each own about 15% of all the shares. Doesn't sound like they are giving anything away for "free".

    *Read Full Year Statutory Accounts and December 2016 Half Year Accounts*

    Share based payments for the HY ending 31 December 2016: -$6,795,865
    Total comprehensive loss for the half year -$8,233,096

    Share based payments for the year ending 31 June 2016: -$6,535,990
    Total comprehensive loss for the year -$8,613,937

    And you expect the company to show a profit June 2017?
    Last edited by oilandgasman: 28/03/17
 
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