LDX 6.98% 4.0¢ lumos diagnostics holdings limited

The re-rate journey, page-449

  1. 5,553 Posts.
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    the volume of $ to push LDX around 10% 20% 30% is miniscule; and likely the same $ just trading back and forth to move as they want (mostly down); it would be quite easy for me and the Mrs to put $50k into our game fund, and trade back and forth to each other; at worst we can lose a couple percent of the $50k; at best we can vacuum up all the real mums and dads that throw their hands up and sell to us

    my belief is stuff like this is happening; because substantial holders have not changed, I suspect not them; but the next time we see a 1% change notice (up or down) it will be super interesting to see all the trades they list (mind you, I have see sub holder announcements without the individual share lines)

    the key with Lumos is 'do you think they will continue to exist and soon or soon enough become profitable'; right now the share trades nothing on fundamentals
 
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