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.
- Forums
- ASX - By Stock
- Ann: Half year FY24 Results Presentation
Let's hope LAU is active in securing more annual or multi-year...
-
- There are more pages in this discussion • 36 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LAU (ASX) to my watchlist
|
|||||
Last
94.0¢ |
Change
0.025(2.73%) |
Mkt cap ! $293.6M |
Open | High | Low | Value | Volume |
91.5¢ | 95.0¢ | 90.5¢ | $1.728M | 1.858M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1508 | 92.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
94.0¢ | 11568 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1508 | 0.925 |
1 | 9623 | 0.920 |
2 | 32261 | 0.910 |
3 | 7696 | 0.905 |
8 | 51020 | 0.900 |
Price($) | Vol. | No. |
---|---|---|
0.940 | 1467 | 1 |
0.945 | 10000 | 1 |
0.950 | 27811 | 4 |
0.960 | 2000 | 1 |
0.965 | 30586 | 2 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
Featured News
LAU (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online