You are right about it being a weird company ( LCE) they are party to suing the auditors of Penrice which disappeared a few years ago. If memory serves they lost around $6 million there but have done well here. I always wondered why a very small company would remain listed. I would have thought it cheaper to take it private. They have flirted at the edges of financial services and held a stake in Tranzact for a while before it was sold.
As regards Acorn they are a hard ask to understand I just don't even get why they would hold a stake here. Surely it's holding a stake in a competitor and in a financial services business why would you choose to do that.
You are right about it being a weird company ( LCE) they are...
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Last
$7.45 |
Change
-0.150(1.97%) |
Mkt cap ! $234.5M | |||
| Open | High | Low | Value | Volume |
| $7.56 | $7.65 | $7.41 | $21.33K | 2.822K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $7.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.65 | 1877 | 1 |
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| Last trade - 15.54pm 05/07/2024 (20 minute delay) ? |
| FID (ASX) Chart |