Current M.Price on LUM is an unbelievable 62 cps.
Net Assets---------- $5,793K (add back CL for shares)
Shares on Issue-------98,852K
Estimated Value------- 5.8cps to 6.0cps (ie $0.06 tops)
Never mind adjustment for future revenues - they just keep buring the cash. This is one stock heading South in due course. Bail at now while you got the chance.
what happened to these so called deals, page-39
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