LUM 0.00% 2.3¢ lumacom limited

ready to take off, page-5

  1. 688 Posts.
    Hi Astoriaa
    The same question was asked of the MD from the floor at the AGM.His response was that the advertising market in Australia was not mature enough to support a joint venture along the lines of the Barcelona model.From memory I think he quoted a figure in the region of $600,000 as being the total annual income from the most lucrative site in Australia.I was left with the impression that the company was keeping the domestic market under review whilst concentrating on commercialisation in the more productive markets.

    Cheers


    Rocknocker
 
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