Long time watcher, first-time poster.
Hard to predict the short-term action, but Lark has a 30-year history of Tasmanian whisky providing it with a competitive advantage in terms of brand legacy, process and product. Historic underinvestment in inventory and brand has however constrained sales. New management is now focussing on
1. investing in high-value channels (e-comm, on-premise, and export;
2. innovation in finishing (eg Christmas and Tawny Casks);
3. increasing production capacity and whisky inventory to support sales (incl. export);
and 4. refining the brand. LRK’s whisky bank is worth $435m at FY22e, B* expectations are for sales to compound at 47% pa (FY21–24e), and there is growing corporate appeal in New World whiskies.
Think the long term here is obviously up. Brokers can see it, going by the $9 price target from Barrenjoey. Just a matter of time for this one. If any consolation on the last couple of months of activity, nice to see an HC community developing.
Long time watcher, first-time poster.Hard to predict the...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
86.0¢ |
Change
0.005(0.58%) |
Mkt cap ! $91.13M | |||
| Open | High | Low | Value | Volume |
| 83.5¢ | 86.0¢ | 83.5¢ | $49.62K | 58.33K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20 | 82.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 86.0¢ | 14147 | 1 |
View Market Depth
| Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
| LRK (ASX) Chart |