LHG is trading around 3.20-3.25. Given the rebound of stocks recently to close to or above the pre-Shanghai fall a few weeks back, why is this stock trading 10% lower than the tops around 3.50?
Gold has been rallying recently, but it doesn't seem to be equally related to the LHG stock price.
Gold was down on friday, and was reflected by todays LHG price.
The talk of LHG being a takeover target - is this still a good possibility?
I am still relatively bullish about this stock, but I am uncertain why it is trading as it is...One would think it should rocket up to at least 3.40.
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