LPE 0.00% 16.0¢ locality planning energy holdings limited

Revenue = Market Cap, page-3

  1. 6,815 Posts.
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    Revenue can sometimes disguise what's really going on, profit is what counts. But I agree, in LPE's case it is still beyond belief that mc is just about 45m. I agree with you, for 2018 LPE should based its revenue on average on 180 GWH, at least 3m -3.5m in profit margin. But as the profits get reinvested into even more growth the 4C hardly shows a final profit. And that's what the market sees, unfortunately not making the effort to look a bit closer. But the industry players and some funds have done their homework and it is just a matter of time when the bigger pockets start the buying / bidding frenzy. Could start on Monday in expectation for the next 4C, due in the coming weeks.

    Directors did the right thing by selling their shares off-market to a fund. Of course any selling by directors has always been interpreted as " All is lost " - LOL - but that's the beauty of the human mind. Never seen a director explaining their selling - that has increased management's credibility in my mind.

    Had to gamble, had to sell all my shares recently but fortunately bought them all back, just the brokerage costs to add. Now let the sp rise begin...

    GLTA
 
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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¢ $1.88K 11.74K

Buyers (Bids)

No. Vol. Price($)
1 1220 16.0¢
 

Sellers (Offers)

Price($) Vol. No.
16.5¢ 489675 4
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Last trade - 11.04am 02/12/2024 (20 minute delay) ?
LPE (ASX) Chart
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