Yes, they certainly seem to have a well planned and executed strategy, and the SP discount to their NAV appears rather excessive, but it provides a comfort buffer for investors.
They are already well cashed up, and when the Merdeka share sale and the settlements occur in Jan/Feb, they will be will be in a very strong position to progressively take some well-priced positions in the companies which they have been researching.
I'm in the process of switching funds from several individual companies into LSX, as I believe that 2023 will bring some challenges, including a significant recession and possibly severe financial constraints. LSX will have the cash, the expertise and the contacts to take advantage of the many opportunities which are likely to occur.
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Yes, they certainly seem to have a well planned and executed...
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44.0¢ |
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Mkt cap ! $62.10M |
Open | High | Low | Value | Volume |
44.0¢ | 44.0¢ | 43.0¢ | $12.17K | 28K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8347 | 44.0¢ |
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Price($) | Vol. | No. |
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44.5¢ | 19800 | 1 |
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No. | Vol. | Price($) |
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1 | 1676 | 0.430 |
2 | 11626 | 0.425 |
3 | 49703 | 0.420 |
2 | 93413 | 0.410 |
4 | 26378 | 0.405 |
Price($) | Vol. | No. |
---|---|---|
0.445 | 19800 | 1 |
0.450 | 82306 | 5 |
0.455 | 39253 | 1 |
0.460 | 100558 | 4 |
0.465 | 50000 | 1 |
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