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.
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LAU
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73.5¢

LAU General Discussion, page-7
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Last
73.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $267.3M |
Open | High | Low | Value | Volume |
74.0¢ | 75.0¢ | 73.0¢ | $377.8K | 513.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 535446 | 73.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
75.0¢ | 55273 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 535446 | 0.730 |
7 | 275169 | 0.725 |
10 | 218947 | 0.720 |
3 | 21500 | 0.715 |
5 | 24388 | 0.710 |
Price($) | Vol. | No. |
---|---|---|
0.750 | 55273 | 2 |
0.765 | 95293 | 3 |
0.770 | 26490 | 2 |
0.780 | 5524 | 1 |
0.790 | 2000 | 1 |
Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
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LAU (ASX) Chart |
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Ron Miller, Non-Executive Director
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