I must say I am surprised how weak the price action has been for LYL.
Looking at the price of gold I would assume that the next few years will be a decent earning environment for them. Gold stocks are strong and this has started to filter into the share prices of other service companies - GNG up 50% from lows, MND bouncing post litigation sell-off etc.
In what I would say is a fully priced market with no shortage of risks to the Australian consumer LYL is both cheap and in an industry that would actually benefit should tail risks play out and the price of gold increases. Perhaps the rally is coming but it feels like I am missing something with this stock at the moment.
Ann: Dividend/Distribution - LYL, page-2
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Last
$13.76 |
Change
0.060(0.44%) |
Mkt cap ! $546.8M | |||
| Open | High | Low | Value | Volume |
| $13.67 | $13.82 | $13.63 | $436.7K | 31.83K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 133 | $13.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.76 | 1856 | 1 |
View Market Depth
| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| LYL (ASX) Chart |