While I'd prefer SOL hadn't sold, it would have been accumulating additional shares if it's been participating in LAU's DRP.
It still owns more than 18 per cent of the company, and is as entitled as you or I to take profits at its discretion.
That it was able to sell a few significant tranches in the A$1.18-close to A$1.23 range and yet the SP has held up around that $1.18 figure suggests LAU is doing fairly well in constrained economic times (except for Federal and State government spending that proceeds like a bull at a gate).
To state the bleedin' obvious, someone else was happy to purchase SOL's part divested LAU holding.
- Forums
- ASX - By Stock
- LAU
- Ann: Change in substantial holding from SOL
Ann: Change in substantial holding from SOL, page-2
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LAU (ASX) to my watchlist
|
|||||
Last
87.0¢ |
Change
-0.005(0.57%) |
Mkt cap ! $271.8M |
Open | High | Low | Value | Volume |
87.5¢ | 88.0¢ | 86.5¢ | $236.0K | 270.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 29069 | 86.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
87.0¢ | 15813 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 29069 | 0.865 |
5 | 53912 | 0.860 |
3 | 19885 | 0.855 |
5 | 38834 | 0.850 |
2 | 7200 | 0.845 |
Price($) | Vol. | No. |
---|---|---|
0.870 | 15813 | 9 |
0.875 | 28493 | 10 |
0.880 | 9200 | 2 |
0.885 | 44310 | 4 |
0.890 | 12000 | 1 |
Last trade - 14.51pm 28/06/2024 (20 minute delay) ? |
Featured News
LAU (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online