Just got my new QLD power bill, one tariff up by 5 %, another by 10 % but in total each by $1.30 per KWh. Not sure if LPE's tariffs are contracted with the big wholesalers or if they now bill based on the increase. Anyway, any increase increases LPE's billing base and therefore the total profits they make.
Great to own LPE shares and can't wait to see the "operational cashflow positive / maiden operational profit " anns within the next max 8 days. Shares still sub 3c when fair value is at 5c. BIG for example trading 50 % higher after cashflow positive anns, imagine the sp fireworks here.
GLTA
QLD power price rise-LPE to benefit
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Last
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.42M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.0¢ | 16.0¢ | $10.07K | 62.96K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 38359 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 61280 | 1 |
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| Last trade - 12.10pm 02/12/2024 (20 minute delay) ? |
| LPE (ASX) Chart |
