*** another perth special ***, page-27

Munch,

I think comparing MUL to LUM is a bit rich, sure they have the same letters.

It is generally agreed that LUMs technology is superior to anything out on the market at the moment, and they own it, unlike MUL who is just a reseller, and a reseller of something not that great anyway.

LUM are at the point of their lifecycle where development is turning into revenue. You would expect a hefty rise in revenue this financial year, I wouldn't place too much on the previous financial year's statement. I don't know the exact details of the deal with Barcelona sign, but it is generally agreed that you provide discounts to the first trial, to prove the technology and then provide a vehicle for future sales. it may be that LUM are only reaping profits from Barcelona sign in its second year of running.

Maybe someone else knows the exact details of the Barcelona contract.

Cheers