To my mind LUM is not even a spec play anymore. The technology is proven to work and the size of the signs in New York and Istanbul have proven the company can deliver a world class product, at a fraction of the cost of traditional LED based screens.
Their only weakness now is their cash reserves, I wouldnt like to see them do a capital raising until the price is a lot higher, perhaps having partners the calibre of Clear Channel and Durst may open the door to financing agreements or even a bank loan would be a better option.
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