LAU 0.53% 94.5¢ lindsay australia limited

Let's hope LAU is active in securing more annual or multi-year...

  1. 10,518 Posts.
    lightbulb Created with Sketch. 1389
    Let's hope LAU is active in securing more annual or multi-year contracts and volume (provided they're profitable) than it loses. IIRC two or three years ago it ceased dealing with some smaller clients as they weren't accretive.

    Increased immigration (that the majority of Australians oppose) helps a little with the totality of consumer demand but if a much larger number of residents reduce spending, immigrants don't fully compensate.

    While we don't rejoice in others' misery, less spending (in real terms i.e. after CPI) will ensure some 'mum and dad' road transport operators cease trading. There may be slow consolidation of this fragmented sector.
 
watchlist Created with Sketch. Add LAU (ASX) to my watchlist
(20min delay)
Last
94.5¢
Change
0.005(0.53%)
Mkt cap ! $296.8M
Open High Low Value Volume
94.0¢ 96.0¢ 94.0¢ $118.3K 124.2K

Buyers (Bids)

No. Vol. Price($)
2 5627 94.5¢
 

Sellers (Offers)

Price($) Vol. No.
95.0¢ 7441 14
View Market Depth
Last trade - 12.21pm 08/07/2024 (20 minute delay) ?
LAU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.