Guys, Some of the North American producers are selling at PE's twice the number you are referring to. I don't think it's a PE consideration for most of the punters. A recent article in the Fin Review stated an opinion by a Fund Manager that LGL " has a HUGE takeover premium priced into it " which is absolute bollicks!!!.......obviously I don't support this thesis either.
LGL runs precisely because of it's volatility. Of course, it's sentiment!!!! When did fundamentals ever matter to a spekky.........only when the trend tanks and the hot news disappears.
Guys, Some of the North American producers are selling at PE's...
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Last
$1.75 |
Change
0.000(0.00%) |
Mkt cap ! $213.6M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 607 | $1.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.76 | 372 | 2 |
View Market Depth
| Last trade - 16.14pm 20/06/2025 (20 minute delay) ? |
| LGL (ASX) Chart |
Day chart unavailable