Well LOV going into the S&P ASX 300 index in a few days time has brought more buyers for LOV.
Current price of $9.40 may seem cheap, once LOV has gone through the $10.00 barrier....
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Wee.....$10 there percy.
Now that is worth celebrating.
Another car perhaps?
Great stuff - my second biggest holding now, and the largest JIN's gone past $4 (and headed higher with lottoland et al banned and jackpots growing). Two stocks with ROE to make Mr Buffet salivate :) And largest NZ holding HLG through $5^^. Thanks to great leads from ST contacts!
SOLD out completely today $12.53 .................... nice
This was a great recommendation you made Prrcy. Sadly by the time I got into researching it the valuation had shot through the roof and it would appear I have missed the boat (for now) but if LOV presents itself in future at an attractive price I’ll make sure to be well positioned !
Pent up profit taking post end of Australian tax year do you think?
Thanks to Percy for highlighting this stock. I bought in a week or two ago at the bottom of the curve. Im pretty pleased with today's action.
Me too - thanks Percy and pleased...bought in mid 2017, got more than my money back selling half when they were overhyped in mid 2018. Been wondering if I shouldn't have sold them all, but todays announcement confirms their huge long-term potential. It was the market that got carried away - managers seem ambitious but down to earth and focused. Added to a strong balance sheet, simple concept, great business model and room for growth they could certainly double again within the next few years.