Further to the above, I see that Prime Value Growth Fund has an existing holding in LAU, so maybe the manager has a vested interest in pumping the share price further to maximise their outperform fee?
https://primevalue.com.au/wp-content/uploads/2023/01/Growth-Fund-December-2022.pdf
Assume it goes with the territory but an explicit disclosure on their position in the stock would be helpful.
LAU General Discussion, page-7
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Last
94.0¢ |
Change
0.020(2.17%) |
Mkt cap ! $291.2M | |||
| Open | High | Low | Value | Volume |
| 92.0¢ | 94.0¢ | 91.5¢ | $246.6K | 266.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 37442 | 93.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 94.0¢ | 252133 | 9 |
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| Last trade - 12.22pm 10/10/2024 (20 minute delay) ? |
| LAU (ASX) Chart |