Current trading confirms my thoughts. Hits 1.1c at around the end of the rights issue and now buyer's depth filling and share price moving up slowly.
They are bloody pathetic scammers. I can't believe I fell for their smooth talking. A very expensive lesson but a lesson worth learning and one that will help me to make smarter decisions in the future.
I wonder if some of the current and previous management have a conscience and actually think about the partowners of the company. Ultimately they are employed by us and paid by us however, they treat the company as their own, screwing the shareholders whichever way by massive salaries, free oppies, insider trading, manipulation of share price, underwriter deals and all with a far superior knowledge of the company. Maybe its time to ban management from owning shares in the company and give the management $ bonuses based on share price and company performance. It would stop the rubbish that has gone on with this current rights issue with LUM
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