LAU 0.00% 92.0¢ lindsay australia limited

Trade of 5,714,285 shares at 42 cents this afternoon,...

  1. 433 Posts.
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    Trade of 5,714,285 shares at 42 cents this afternoon, representing nearly 2% of the issued capital.

    Will be interesting to see if any disclosures follow (i.e. purchaser an existing shareholder with more than 5% shareholding or a new 5%+ shareholder emerging).

    Based on fundamentals, LAU looks like a good stock to accumulate at current share price levels. Is the stock a hidden gem (flying below the radar) or does market think current profitability isn't maintainable?

    Top 20 shareholders at 30 June 2021:

    https://hotcopper.com.au/data/attachments/4265/4265555-1924f35c1a715488c3708cba0e270849.jpg


    Last edited by SouthernLad: 14/04/22
 
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