takeovers are indeed usually for very solid track record companies one could even say Twiggy did a Claytons takeover even now
but it is a chicken and egg; if all goes according to plan (and the most usual scenario case) the revenue and bigger contracts will show up in about 18 months; but with no games being played, the share price should grow substantially up to then; then Lumos would be a solid track record company with a market cap 10 times current; and a takeover is unlikely at $500 mill; but 'somebody' can have it now for $50 mill; why oh why, did I buy so many avo on toast over the years; I would be at the $50 mill now
LDX Price at posting:
4.6¢ Sentiment: Buy Disclosure: Held
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