Current M.Price on LUM is an unbelievable 62 cps.
Net Assets---------- $5,793K (add back CL for shares)
Shares on Issue-------98,852K
Estimated Value------- 5.8cps to 6.0cps (ie $0.06 tops)
Never mind adjustment for future revenues - they just keep buring the cash. This is one stock heading South in due course. Bail at now while you got the chance.