I think this result is outstanding. But it wasn't a positive upside surprise. In recent years LYL has surprised with better than expected results and been upgraded at reporting time because of this.
The share price has run up recently I presume in expectation of that positive surprise trend continuing. When the positive surprise didn't happen the share price dropped.
it's all noise in my opinion. I bought below $3. My LYL shares go in the top drawer and are forgotten. Long term this company is best in class and long term I am confident the shareholder returns will reflect its operational excellence.
Ann: FY2024 Investor Presentation, page-5
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Last
$10.33 |
Change
-0.330(3.10%) |
Mkt cap ! $410.5M | |||
| Open | High | Low | Value | Volume |
| $10.60 | $10.66 | $10.33 | $1.161M | 110.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1304 | $10.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.40 | 309 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| LYL (ASX) Chart |