Interesting and pleasing to see LHT's share price increase > 9% to S$ 0.132 in SGX trading today. And the volume was not-too-shabby - by LHT standards - a total of 147,000 LHT shares were traded. This was achieved in a generally declining market, including for small caps. I wonder if expectations are rising vis-a-vis LHT's forthcoming 1H 2012 results announcement? Or is LHT's 15-year Woodchips Purchase Agreement with TP Utilities about to be triggered and start generating additional revenues?
At today's closing price, LHT's share price now stands at a discount of ~ 27% to NAV/share. LHT's shares have had a quiet 7-8 weeks, trading in the low S$ 0.120's, with no recent purchases by Executive Director Yap disclosed to the market. Interesting.
Vested
At today's closing price, LHT's share price now stands at a discount of ~ 27% to NAV/share. LHT's shares have had a quiet 7-8 weeks, trading in the low S$ 0.120's, with no recent purchases by Executive Director Yap disclosed to the market. Interesting.
Vested
RBM, Retired Botanic MatSalleh