re: thebanker yes, it certainly seems that privacy's only reason for existing on this planet, is to have a go at lum shareholders. i am sure that lum shareholders, hold more than just lum shares, as part of a more diversified portfolio. no doubt, any person who bought into lum, did so, on the basis of "hope" - which seems to be par for the course, for the spec end of the market. one thing in lums favour, is that, from memory, they have had only one share placement, to raise money, yet the company still has $4m in cash (from the exercise of options). this seems to be a far better record than most spec companies, which continually issue shares, which dilute the capital
i suppose privacy hs his money invested in the blue chips like TLS, and NAB - whoops, they have been pretty poor investments over the last two or three years
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