LSA 0.00% 11.0¢ lachlan star limited

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  1. 9,976 Posts.
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    Hmmm, i'm in this one for the medium to long term. I'm not concerned about LSA ATM but i think we have just about enough shares on issue, however having said that, a large percentage of these shares are held by Directors and Investment Groups so I'm not overly concerned by the numbers, but no more issuing of shares please.

    A lot of stocks have taken a pounding lately, i think you will find this will bounce back nicely when the ASX does. LSA has great potential, the Coal Industry in Sth Africa needs more players, it is lagging industry & residents cannot get enough Coal energy, so IMHO LSA is moving in the right direction. If anything, the labour should be fairly cheap over there.

 
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