LAU 0.54% 91.5¢ lindsay australia limited

Ann: Change in substantial holding from SOL, page-2

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  1. 10,776 Posts.
    lightbulb Created with Sketch. 1422
    This is merely 'administrative' given that SOL took over teh 1958-listed MLT, an LIC.

    However, combining the holdings makes more stark the high level of holdings SOL has in LAU.

    Mr Robert Millner is usually a perceptive investor so it's a good sign he hasn't decided to lighten, even though one of LAU's divisions must be continuing to have a tough time due to the lack of air freight space ex Oz.

    Prior to this coronavirus, about 80 per cent of air freight was carried in the belly of aircraft operating passenger flights but few of the latter have been running in the last 20 months.
 
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