Locality Planning Energy Holdings Limited ( (AU:LPE) ) has issued an announcement.
Locality Planning Energy Holdings Limited has resolved a legal dispute with Powershift Technologies Pty Ltd concerning alleged breaches of the Corporations Act 2001 related to the misuse of confidential information. The resolution of this legal matter on a confidential basis may stabilize LPE’s operations and maintain its focus on delivering renewable energy solutions to its market, potentially reinforcing its industry position and stakeholder confidence.
More about Locality Planning Energy Holdings Limited
Locality Planning Energy Holdings Limited (LPE) is an energy provider specializing in services for strata communities, primarily within the Queensland energy market. The company focuses on embedded network business, offering renewable solutions such as electricity, hot water, solar, and battery systems to help reduce carbon footprints and energy costs for strata living. LPE aims to create shareholder value through long-term supply agreements that generate recurring revenue.
YTD Price Performance: -22.00%
Average Trading Volume: 170,598
Technical Sentiment Signal: Buy
Current Market Cap: A$21.41M
See more insights into LPE stock on TipRanks’ Stock Analysis page.