Lovisa don't actually sell much real jewelry.
they sell fake cheaper stuff that will appeal more to people when money is tight.
also the age group buying at Lovisa are much less likely to be owning properties and therefore are not adversely impacted by rising mortgage rates.
the chart however looks weak and I'm waiting for a sub $20 entry point for a long term hold.
Are we ready for stardom?, page-23
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 (20min delay)
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Last
$31.37 |
Change
-0.400(1.26%) |
Mkt cap ! $3.441B | |||
| Open | High | Low | Value | Volume |
| $31.80 | $32.09 | $31.34 | $15.12M | 478.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2030 | $31.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $31.57 | 1 | 1 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| LOV (ASX) Chart |