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94.0¢ lindsay australia limited

I have gone through the ASX listed freight companies , none come...

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plough

33,562 Posts.

1756

20/09/23

16:04

Post #: 69939977
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Originally posted by Arpeebee ↑

Not sure what to make of recent insider trading activity.

Whilst Director buying is a positive, Robert Green's first small purchase after four years as a director should be put into perspective. Interestingly both Diectors on market trades were near intraday highs and currently well out of the money.

There has been a lot of insider activity in recent months and a sell down by the two largest shareholders. In the past twelve months WHSP has reduced their holding from 20.18% to 18.04%, whilst Mizikovsky Group has reduced to 6.49% from 16.57%. None of the notices for Mizivosky listed any consideration so it is not known if they were open market transactions and difficult to guage the sentiment of that insider. Top 20 shareholders own 41% of the company, only 3 of which have a holding more than 5%, so we may never now who was on the other side of these transactions.

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I have gone through the ASX listed freight companies , none come close to the professionalism of LAU IMHO ,
Guessing some of the unlisted companies are pretty darn savy though ie Fox
we seem to be trading on a PE of around 12 and earnings about doubled this FY what is not to like?

Last edited by plough: 20/09/23

LAU Price at posting: $1.13 Sentiment: Hold Disclosure: Held
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(20min delay)
Last 94.0¢		Change 0.000(0.00%)		Mkt cap ! $293.6M

Open	High	Low	Value	Volume
94.0¢	96.0¢	93.5¢	$255.1K	269.8K

Buyers (Bids)

No.	Vol.	Price($)
1	500	93.5¢

Sellers (Offers)

Price($)	Vol.	No.
94.0¢	10827	1

View Market Depth

No.	Vol.	Price($)
1	500	0.935
5	60604	0.930
2	34350	0.925
3	15700	0.920
2	103043	0.910

Price($)	Vol.	No.
0.940	10827	1
0.945	659	1
0.950	1700	1
0.960	27471	3
0.965	24000	1

Last trade - 16.10pm 08/07/2024 (20 minute delay)

LAU (ASX) Chart