LDX 0.00% 4.9¢ lumos diagnostics holdings limited

I wonder why no employees or management of Lumos buy their own...

  1. 5,383 Posts.
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    I wonder why no employees or management of Lumos buy their own shares.

    Their balance sheet is super strong with a freebie $10mill USD plopped in there. For the sake of all us retail holders, they can simply run a buy back.. the norm max is 10% of shares over a year. 40 mill shares at 6 cents is 2.4 mill (AUD!). And to be honest, just the START of a buyback will rocker the share.

    I know, that you know, that they know, that we know, that there are share price gamies going on.It does not bother me too much to see this price. It just pains me. I will hold forever. At least the games allowed me to scrape up another couple hundred thousand in the 6's. Just call me mini-PVM. (but I dont put my buys back on the sell side to keep it down)

    Anyway, IR really should do more than lip service.
 
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