LAA 0.00% 5.9¢ latam autos limited

So cheap why?, page-8

  1. 70 Posts.
    Again I'd say check out ICQ. Over the past month 43c down to 34c. Both stocks have been hammered. In my opinion ICQ fully justifies this as its been a "REA waiting to happen" for far too long. I suspect that the volatility on ICQ has affected LAA but also as Charlie says... someone may also have lost patience. The best things they can do this quarter in my opinion is ease up on the marketing spend a little this will 1. make the balance sheet look closer to break even and 2. give us some more cash in the bank and hence stave off a CR while the stock price is this low.

    As for CAR. Well on the one hand they already have ICQ which is a wounded animal do they have the spirit for a South Amercian patient as well as an Asian one? Maybe. But do they want to do that while the market is savaging ICQ? Maybe not.
 
watchlist Created with Sketch. Add LAA (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.