LPE 3.33% 15.5¢ locality planning energy holdings limited

Looking good to break through 2.5 this time. The recent...

  1. 3,878 Posts.
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    Looking good to break through 2.5 this time.

    The recent announcement has been received very positively by the market: "LPE looks forward to updating the market in the coming weeks on significant developments regarding a debt facility, with the Company remaining on track to achieve positive operational cash flow by July 2017".

    I don't have them being cash flow positive until late this year / early next year, so I'd love to know how they define positive operational cash flow. They've changed definitions and the way they classify and treat items in their accounts on a few occasions over the last year. The market responds well to consistency, and not so much to smoke and mirrors.

    But,,,like I said, looking good.

    lpe_ax17may16_to_27may17.png
 
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