Australia's largest stock trading and investment forum Australia's #1 stock forum

LFS

Click for more information

0.00%

$1.15 latitude group holdings limited

IPO - Latitude Financial Group Limited, page-53

First 53 Last

Share
Profile

Follow
Nige456

4,567 Posts.

348

15/10/19

22:22

Post #: 40897937
Share

Originally posted by JCoure: ↑

Might be the worst ever IPO, the only ones to benefit would have been the Shorters and that ex NAB Banker who could not turn around Australia Post or NAB, Latitude now makes a trifecta of basketcases caused by Ahmed Fahour.

I was flat out trying to see it worth 50c AUD. LFS at 79c AUD would make ANZ worth about $38, CBA about $87, NAB $29, WBC $40, BEN worth $13, BOQ worth $15 AUD but the only problem is that LFS is probably not worth 79 cents IMHO but pls DYODD.

to get some of the exposure to the sector that LFS was in, Australian residents will just need to get an offshore broker and buy Provident Financial Group currently 395p In GBP, if LFS is worth 79c AUD, Provident Financial would be worth about quadruple at 1200p.

Again, LFS is probably not worth 79 cents, using the Provident Financial example, it would be worth around 22 cents on a sector like for like basis IMHO but pls DYODD.

Expand

fully agree. EV = DEbt, theres no equity.

Last edited by Nige456: 15/10/19

LFS Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 26 more messages in this thread...

First 53 Last

Add LFS (ASX) to my watchlist

(20min delay)
Last $1.15		Change 0.000(0.00%)		Mkt cap ! $1.195B

Open	High	Low	Value	Volume
$1.15	$1.15	$1.15	$6.325K	5.5K

Buyers (Bids)

No.	Vol.	Price($)
1	4500	$1.15

Sellers (Offers)

Price($)	Vol.	No.
$1.16	1915	3

View Market Depth

No.	Vol.	Price($)
1	4500	1.150
2	9723	1.120
1	715	1.115
1	460	1.110
3	27109	1.100

Price($)	Vol.	No.
1.160	1915	3
1.170	13724	4
1.175	33326	2
1.180	391	2
1.190	144	1

Last trade - 10.08am 17/05/2024 (20 minute delay)

LFS (ASX) Chart