LAU 4.35% 88.0¢ lindsay australia limited

Another 52-week high for LAU today, reaching A$1.39.Some of this...

  1. 10,443 Posts.
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    Another 52-week high for LAU today, reaching A$1.39.

    Some of this good sentiment may be due to 'Mr Market' perceiving that LAU (and competitors) have the ability to 'pass through' increases in costs as the CPI and other indices rise.

    Part may take account of LAU being in expansion mode, with some smaller road-based rivals having disappeared - not just Scott's.

    Most of us require some happy tales given the overall lacklustre nature of the ASX in recent days.
    Last edited by Hopeful9: 16/05/23
 
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