LDX 2.50% 4.1¢ lumos diagnostics holdings limited

LDX Chart, page-1602

  1. 5,493 Posts.
    lightbulb Created with Sketch. 575
    my thinking is, for some reason, this Company does not trade on fundamentals; why not?

    it can only be two reasons

    1) the fundamentals are really not that good, and it is priced correctly
    2) announcements are of no value - and fundamentals need to be 'in your face' - and I guess only on a half yearly, where the metrics I snipped above really are in Mr Market's face

    Let us say Lumos builds up to making $5 mill a year in actual profit with NIL debt; then it cannot be priced with a market cap of $23 mill; or if it is priced like that, then us punters are happy as we buy more and more

    So, is Lumos heading to become a profitable company... or headed for 'oops, we went bankrupt'; Mr Market has it priced at a 50/50 outcome

 
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Last
4.1¢
Change
0.001(2.50%)
Mkt cap ! $19.73M
Open High Low Value Volume
4.0¢ 4.1¢ 3.8¢ $29.86K 755.9K

Buyers (Bids)

No. Vol. Price($)
1 23000 3.9¢
 

Sellers (Offers)

Price($) Vol. No.
4.1¢ 282351 2
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Last trade - 16.10pm 27/08/2024 (20 minute delay) ?
LDX (ASX) Chart
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