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Share
01/05/04
13:14
Share
re: yankee dollars
That has been discussed way back. I suggested $20 mill. which should be easily recovered within a reasonable short time IMHO.
This assumes the inclusion of another $2 mill cash or more held by LUM at the time.
The current number of shares is 102 mill +5 mill options, so the current share price runs close to a takeover price IMHO.
The Japanese would be interested in this, I think as they are very prominent on some continents.
I bought a few shares some time ago but prefer now to wait till further developments occur.
Gerry
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