LAU 1.69% 87.5¢ lindsay australia limited

LAU's SP has declined during the last few days: so far today,...

  1. 10,782 Posts.
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    LAU's SP has declined during the last few days: so far today, A$1.07 on relatively small turnover of just above 310,000.

    It could be simple profit taking, but is more likely to be 'Mr Market's' reaction to how recent huge rains in Queensland (and some in parts of NSW, and much of Victoria!) will have temporarily adversely affected fruit and vegetable production. Historically LAU has been the largest carrier of these in Australia: I'm unsure if unlisted Linfox is now larger in that game, given that like LAU, Linfox uses road and rail.

    My wife recently complained our local inner Melbourne WOW lacked some packed vegetables. One micro example.
 
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