Nothing more than a periodic global market washout and the Aussie market has been sucked into it. The underlying LPI fundamentals are still the same, if not stronger as a result of the latest appointment. We now have two aces in the political-strategic deck. An LPI price in the 20s is a GREAT buying opportunity. The LPI share price is largely unchanged despite a 10%+ ASX200 correction. Augers well for the future I feel. Some nervous nellies bailed today, but the volume wasn't massive.
LPI Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held