WOW... again! Yup... i hadn't realised change in management had made such a big difference to LEI's fortunes. ASX's biggest industrial and it's flying like a small-cap. Up another 7.7% in just one session!! Touched 21 bucks. Congrats to holders and esp those who got in during Jan. I was obviously too bearish and never held. Yet many instos/funds exited driving price down. Wonder if they are now scrambling back in. Short covering also a factor. But $21.. incredible. What is my sentiment at this new SP? Clime's IV is 16.88 but it's under review. Being so wary of world economy... if I was sitting on biggish profit i'd take it and look elsewhere. But i said that at around $16. So at 21 dollars it's a sell for me esp as i can't fathom majority owner's motives/financial situation. Order book is strong. Margins my concern. $21.... from say 15.75= 33.3%! That's quite something.
LEI Price at posting:
$20.72 Sentiment: Sell Disclosure: Not Held
