LPD 33.3% 0.2¢ lepidico ltd

The underwriters will pump hard if placed. They will receive...

  1. R08
    7,708 Posts.
    lightbulb Created with Sketch. 1786

    The underwriters will pump hard if placed. They will receive circa 633m shares at .003c for their $2m. How do they protect themselves ? They push the price higher whilst selling back into the pump. Zero risk and will be a sharp increase IMO if they are filled.

    That’s an underwriters MO…
    That’s the rort….
 
watchlist Created with Sketch. Add LPD (ASX) to my watchlist
(20min delay)
Last
0.2¢
Change
-0.001(33.3%)
Mkt cap ! $17.17M
Open High Low Value Volume
0.4¢ 0.4¢ 0.2¢ $296.2K 98.77M

Buyers (Bids)

No. Vol. Price($)
157 208699235 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 6665000 4
View Market Depth
Last trade - 16.10pm 07/06/2024 (20 minute delay) ?
Last
0.3¢
  Change
-0.001 ( 0.00 %)
Open High Low Volume
0.3¢ 0.4¢ 0.3¢ 10063373
Last updated 15.58pm 07/06/2024 ?
LPD (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.