Although on small volumes, the price action is a bit worrying.
Many similar, profitable lenders are in a similar boat to LFG and have also been smashed of late (RMC,PPM,LFS).
There just appears to be no demand for these businesses...perhaps sellers/insto's are factoring in something sinister around the corner that i've missed here...
Or do these companies really deserve to trade on 6-8x PE after all?
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Although on small volumes, the price action is a bit worrying....
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Last
$3.51 |
Change
0.010(0.29%) |
Mkt cap ! $1.069B |
Open | High | Low | Value | Volume |
$3.51 | $3.54 | $3.51 | $63.93K | 18.14K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 584 | $3.51 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.53 | 48 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 584 | 3.510 |
2 | 7299 | 3.500 |
1 | 1319 | 3.460 |
1 | 3475 | 3.450 |
1 | 3 | 3.370 |
Price($) | Vol. | No. |
---|---|---|
3.530 | 48 | 1 |
3.560 | 210 | 1 |
3.570 | 2071 | 1 |
3.580 | 3227 | 2 |
3.650 | 1632 | 2 |
Last trade - 12.11pm 09/09/2024 (20 minute delay) ? |
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LFG (ASX) Chart |