LUM 0.00% 2.3¢ lumacom limited

dubai and hong kong contracts, page-7

  1. 483 Posts.
    TheJudge - they raised around $1mill in a recent placement plus I'd expect them to be very close to cashflow neutral the most recent quarter.
    Massive turnover for very little share price movement - probably a few of the guys who picked up shares in the recent placements getting out. A sell of 4.5mill got taken by a buyer earlier - a few 1mill buys and sells been going through recently as well.
    I've maintained my current holdings. Seems that the company is proving that they are now very capable of getting contracts and they are scattered in various locations.
    Onwards and upwards it appears.
 
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Currently unlisted public company.

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