Price sensitive alright. Up 1.5c on open and then quickly retreat back to nothing. Looks like some big boys are playing whack-a-mole with LVT. I wouldn't be too surprised if it ends the day in red.
Either some large holders have lost their love in LVT and would dump their holdings whenever the price went up or some people with deep pockets are capping the share price to accumulate.
Then again, it could be nothing big or sinister, just day traders trying to make a cent or so.
All these partnerships sound great but there is no value, not even estimates, attached to them. I guess we have to wait for the FY 2020 results to find out what they are worth.
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