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05-06-2013, 01:26 PM
I have noticed that Guthrie GTS - LKT's equal partner in JP - has attracted visible buying interest this morning and so far (as at 13:17 hours) the counter last done at $0.75 has gone up by another $0.02 today, backed by a rather high volume traded in excess of 2.3m shares. Since the close of 3Jun13 at $0.705, Guthrie GTS has gone up by a total $0.045.
If the underlying reason for this rather unusual price movement is linked to JP, then I suppose any positive corporate action that could be coming may well have a similarly positive impact on LKT's share price.
If the underlying reason for this rather unusual price movement is linked to JP, then I suppose any positive corporate action that could be coming may well have a similarly positive impact on LKT's share price.