Reminds me of the walls of Troy which held out for ten years.
SP has been bubbling in the $1.90's for three weeks. Post-tax NTA appears to be consolidating above $2.30, stretching the SP-NTA gap again. If this continues, post-tax NTA might have to rise above $2.35 before the NTA elastic catapults the SP through the $2 barrier.
AUD is strong at the moment. Strong AUD adversely affects LSF's NTA because it reduces the AUD value of LSF's overseas investments. AUD has gradually strengthened ever since the sharemarket bottom in March.
LSF's performance has recently been impressive anyway despite the strong AUD.
AUD may reverse its present trajectory when USA and European economies pick up speed with vaccines being rolled out. Also, LSF's investments should rise as economies improve.So, the outlook is positive even without a wooden horse.
Meanwhile, my calcs indicate that post-tax NTA may be subdued for the next few days, fluctuating around $2.30 with daily moves probably less than 2 cents up or down.
- Forums
- ASX - By Stock
- Charts
Reminds me of the walls of Troy which held out for ten years.SP...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LSF (ASX) to my watchlist
(20min delay)
|
|||||
Last
$3.08 |
Change
-0.080(2.53%) |
Mkt cap ! $1.917B |
Open | High | Low | Value | Volume |
$3.14 | $3.17 | $3.08 | $1.213M | 388.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 3990 | $3.08 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.12 | 13014 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 3990 | 3.080 |
1 | 3014 | 3.070 |
1 | 33333 | 3.060 |
1 | 2000 | 3.050 |
1 | 2000 | 3.040 |
Price($) | Vol. | No. |
---|---|---|
3.120 | 13014 | 2 |
3.130 | 13014 | 3 |
3.140 | 15060 | 1 |
3.150 | 10840 | 2 |
3.160 | 30000 | 4 |
Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
Featured News
LSF (ASX) Chart |