LRK 4.19% 87.0¢ lark distilling co. ltd

What's happening to share price?, page-14

  1. 597 Posts.
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    Very strong yesterday despite market selloff was very positive for me so I have added to my position here at $3.00. I believe that this industry is immune to inflationary risks, value of inventory will just rise with and above inflation so well protected. May see some pull back in discretionary spending if interest rates to tick up considerably, but someone that like a nice whisky will forego other luxuries before their whisky hahhaa... all the selling has been soaked up by a very keen buyer or buyers, and today pushed through $3.00 with some reasonable bids there as support. $4.00 by this Christmas here we come. (I have previously thought +18months to get to $4 but a good upcoming sales update hopefully will kick this along again and get another upgrade from covering brokers).. Cheers.
 
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