SOL continues its selldown but as you imply, it may well simply be 'taking profits'.
LAU may face short term challenges, and it has a relatively new CEO who as far as results go is untested until tomorrow, but over the medium term LAU should benefit from a long, slow consolidation of the road transport subsector as 'mum and dad' businesses feel economic headwinds such as higher interest rates for longer, and LAU's profitable entry and expansion into railable containers.
Ann: Change in substantial holding from SOL, page-4
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Last
88.5¢ |
Change
-0.015(1.67%) |
Mkt cap ! $278.6M | |||
| Open | High | Low | Value | Volume |
| 90.5¢ | 92.0¢ | 88.5¢ | $428.7K | 475.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3985 | 88.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 91.5¢ | 6104 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| LAU (ASX) Chart |