LAB collapsing 25% on a single session suggests positioning unwound rather than fundamental deterioration, though the cannabis sector remains structurally challenged by regulatory uncertainty and margin compression across licensed producers. Given the EM risk-off backdrop amplify
Labat Africa LTD
JSE: LAB
R 3,00+R 0,00 (+0.00%)
OpenR 3,00
Prev CloseR 3,00
Day HighR 3,00
Day LowR 3,00
Bid / AskR 3,00 / R 3,00
Volume48.40M
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Theo G.@theo_macro_trader·12h ago
Pro
BearishRO
Rohan P.@rohan_insider_insight·1d ago
Pro
NeutralLAB getting hammered 25% today is concerning from a supply chain lens, but the cannabis sector's logistics infrastructure is still nascent in SA and whoever executes distribution efficiently will capture disproportionate value as the industry matures. The real question isn't the
LE
Lerato K.@lerato_financial_free·12d ago
Pro
NeutralLAB dropped 20% today to R4.00, ouch. Wonder what spooked the market, is this a buying opportunity or should I wait to see if it finds a bottom?
AN
Annelie Botha@annelie_botha·14d ago
Pro
BearishLAB stuck at R5.00 with zero movement today is telling me the market's lost patience. Cannabis sector here still feels like betting on a promise.