The recent SP rise to A$0.46 may reflect how LAU's ability to source 'belly space' on international passenger flights for rural exports has somewhat improved, although international passenger travel in and out of Australia remains significantly below pre-COVID-19 2019 levels.
Similarly, domestically, no signs yet of a marked shopper/consumer slowdown in purchases, so that must be assisting freight volumes whether for LAU's truck fleet (if it can find drivers, given the alleged labour shortage) and growing fleet of refrigerated and dry railable containers.
One adverse condition is how flooding in recent weeks will have presumably reduced LAU Fresh cartage volumes as at times there've been shortages of various vegetables.
The recent SP rise to A$0.46 may reflect how LAU's ability to...
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Last
91.5¢ |
Change
-0.030(3.17%) |
Mkt cap ! $286.5M | |||
| Open | High | Low | Value | Volume |
| 91.5¢ | 93.0¢ | 90.8¢ | $452.5K | 492.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 20683 | 91.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 92.0¢ | 1537 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| LAU (ASX) Chart |