LSF is a contrarian investor.
They are heavily long commodities as they expect inflation to remain stubbornly high predominantly due to their forecasting of persisting commodity supply constraints.
I'm certain they are loading up on WGX to increase their long position going into the next potential gold bull phase.
Here's some more information about L1 Capital for those that are interested.
L1 Long Short Fund Limited - Independent Global Fund Manager - Investor Centre
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$2.94 |
Change
0.020(0.68%) |
Mkt cap ! $2.772B | |||
| Open | High | Low | Value | Volume |
| $2.98 | $2.98 | $2.87 | $18.06M | 6.136M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 38384 | $2.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.98 | 41607 | 6 |
View Market Depth
| Last trade - 16.11pm 24/06/2025 (20 minute delay) ? |
| WGX (ASX) Chart |