LGL lynch group holdings limited

Any genuine shareholders here ?, page-5

  1. 420 Posts.
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    Not much research on this stock since it listed in 2021. It's a solid business with a long and profitable history, and reasonable prospects for growth. However the SP has fallen $1 since early Feb. It is now trading well under the IPO price of $3.60, on a historic P/E of around 8x. And it pays a divvie.
    Nothing bad in the 1H results issued on 23rd Feb. Ahead of prospectus forecasts.
    I suspect the China lockdown situation has the market fully spooked, but that should hopefully be lifted within a couple of months. This looks like it could be a buying opportunity, but I'm waiting for the chart to stablise before topping up. The SP could get even cheaper. DYOR.
 
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(20min delay)
Last
$1.75
Change
0.000(0.00%)
Mkt cap ! $213.6M
Open High Low Value Volume
$1.75 $1.75 $1.75 $264 151

Buyers (Bids)

No. Vol. Price($)
1 607 $1.65
 

Sellers (Offers)

Price($) Vol. No.
$1.75 1096 1
View Market Depth
Last trade - 10.04am 18/06/2025 (20 minute delay) ?
LGL (ASX) Chart
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