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Loop Energy LPEN TSX IPO thoughts?

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  • Feb 9th, 2021 1:11 pm
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Feb 9th, 2021 11:58 am
jayoldschool [OP]
Sr. Member
Sep 4, 2006
881 posts
534 upvotes
Ottawa

Feb 9th, 2021 11:58 am

Loop Energy LPEN TSX IPO thoughts?

I've been following their story for awhile, and Loop Energy out in BC is going IPO. Competitors in the fuel cell area Ballard and Plug Power have seen big increases lately, with Plug going big YTD. Any thoughts on getting in with a piece of Loop at the start?

https://ca.finance.yahoo.com/news/loop- ... 00970.html

https://loopenergy.com/news/
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3 replies
Feb 9th, 2021 1:03 pm
PaddyM77101
Member
Jun 2, 2020
442 posts
397 upvotes
V5y1v1

Feb 9th, 2021 1:03 pm

I will be likely buying a small amount for the terrible reason that my partner works with them and it will give us a thing to chat about. High conviction right there.
+1
Feb 9th, 2021 1:11 pm
notenoughsleep
Deal Fanatic
May 22, 2003
5917 posts
2959 upvotes
Vancouver

Feb 9th, 2021 1:11 pm

in 9 months of 2020 they had $350k in revenue and only $16.4 million in backorders. Very richly valued, but will still probably pop post-IPO with the current EV frenzy

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