No news. Until people can make a better judgement on how the business is going the share will be a traders game I think.
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Bit of an update today with a nice jump in sp.
Disc..Purchased a few yesterday,hoping the sp continues to rise.
Lindsay Investment Trust increases its share holding from 5.31 % to 7.22% on recent weakness following on from its very successful foray into Methven Ltd , what do they see that others do not who are selling atm !
Herd buying off the Lindsay ann !!
Terribly undervalued company. One only needs to look at the latest presentation to see the potential of these guys. Massive growth in revenue and that’s just on milk powder. I have a $3.90 valuation on these guys, but that’s just me. Seems to run under the radar for some reason.
Nothing wrong with the company just needs runs under its belt, very hard for a small newly listed company to get instant 5 star rating unless it has massive a truly house hold name, backing and solid financials , patience needed with QEX but the future looks good here, making big steps quietly imo.
What’s not to like about the company:
Strong revenue growth
Cornerstone shareholder in Lindsay
In a growing market with huge demand
Excellent management
Asb and Forsyth Barr showing them off
Big name customers
High reward to risk ratio
Constantly improving efficiency and scale