This company is headed for an upgrade as they have finally got their act together...also takeover appeal from Gerard Corp holding 16% (ex Clipsal) now owns major LCL competitor Pierlite (private company).
Smallcap specialist fund manager Hunter Hall has recently moved to 18%.....MD & family own 22%
Phase out of incandescent light bulbs will lead to profit upgrade for LCL...they have hit critical mass now with over 20% market share...outlook positive
Top 40 shareholder
LCL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held