Well - three things are noticeable to me.
1. LOV had a bad half just after the new CEO arrived, but obviously from activities prior to that, from that point on, comp sales and results have been in a great up trend or sticking to strong numbers.
2. The roll-out of new stores has stopped for a few months. Not the first time this has happened, but still noticeable when comp sales have been so strong. No ameliorating coments.
3. On the chart there has been huge volume for the last 3 weeks or so, and a sub holder has been selling. Seems like there are a lot of willing sellers in the rough $9 to $10 range. Buyers could easily back off with any questions IMO.
I shorted some, happy to long again soon, have nothing against LOV.
What's LOV but a sweet old fashioned notion?
Well - three things are noticeable to me. 1. LOV had a bad half...
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Last
$29.09 |
Change
-1.160(3.83%) |
Mkt cap ! $3.220B | |||
| Open | High | Low | Value | Volume |
| $30.17 | $30.36 | $28.97 | $24.56M | 844.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 837 | $29.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.22 | 1795 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| LOV (ASX) Chart |