LAU 2.65% 92.0¢ lindsay australia limited

That NSW section of the Sydney - Melbourne rail line finally...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 10,782 Posts.
    lightbulb Created with Sketch. 1423
    That NSW section of the Sydney - Melbourne rail line finally reopened at about 1040 AEDT.

    There's a bankup of Sydney to Perth and v.v., and Melbourne to Brisbane freight trains, some initially moving slowly, plus the diverted Perth to Sydney 'Indian Pacific' passenger train behind the freights on its first transcontinental run for months. LAU profit-enhancing railable containers are more important to us.

    Compounding ongoing closure of the main NSW western rail line through the Blue Mountains, huge flooding at Broken Hill overnight has temporarily closed this major rail line. Typically, there'll be scouring of ballast. This link is an extreme, foreign example:

    https://www.researchgate.net/figure/Railway-ballast-scour-failures-a-New-Jersey-Transit-tracks-in-New-Jersey-USA-after_fig1_311166502

    One man who inadvisedly drove his car through flood waters sadly died.

    Separately, given earlier flooding on the Bruce Highway in Queensland, LAU airlifted some of its drivers out so I discovered when viewing a trucking subsector publication. Hopefully that's all resolved.

    A question is whether LAU's contracts typically allow it to add surcharges for 'Act of God'/Force Majuere delays.
 
watchlist Created with Sketch. Add LAU (ASX) to my watchlist
(20min delay)
Last
92.0¢
Change
-0.025(2.65%)
Mkt cap ! $289.6M
Open High Low Value Volume
94.5¢ 94.5¢ 92.0¢ $440.6K 469.8K

Buyers (Bids)

No. Vol. Price($)
3 21138 92.0¢
 

Sellers (Offers)

Price($) Vol. No.
93.5¢ 50380 2
View Market Depth
Last trade - 16.10pm 13/11/2024 (20 minute delay) ?
LAU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.