LNN lion nathan limited

what is appendix 3b & 3y, page-4

  1. 1,201 Posts.
    lightbulb Created with Sketch. 12
    yeah its been batterred more than expected after ex-divvy

    Avg share price has been around the mid-late $8 range

    Now LNN trading near long term support of lower end $8

    unless somethings fundamentally changed, $8 or thereabouts give or take a few cents is very strong support

    LNN has held up remarkably as have FGL and CCL and MTS and TRS n JBH n WOW during this whole credit crises

    LNN is rated as one of the top defensive plays prob second after woollies

    We are at the absolute bottom of a long term trading range - lets hope it holds.

    I think it will.

    Other than a reviewed CCL offer i cant see anything that may be viewed as 'negative' (and the stocks already gone down from an avg price round 8.50-8.80 to 8.00)

    CCL will make a great acquisition if it comes thru anyways as both companys have similar balance sheets

    With CCL , LNN will be a powerhouse of a stock in the future
 
watchlist Created with Sketch. Add LNN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.