SP just reached a 52-week low of A$0.82 so I concur with your comments.
The market will be noticing lower freight volumes (not just with LAU: other road and rail operators/consignors have to be also affected) and as said in another thread, this means a recession is on the way.
Ann: Half year FY24 Results Presentation, page-52
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Last
87.5¢ |
Change
-0.015(1.69%) |
Mkt cap ! $275.2M | |||
| Open | High | Low | Value | Volume |
| 89.0¢ | 89.3¢ | 87.0¢ | $56.16K | 63.74K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 406 | 87.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.0¢ | 13902 | 3 |
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| Last trade - 16.10pm 28/10/2024 (20 minute delay) ? |
| LAU (ASX) Chart |