Ann: Half Yearly Report and Accounts , page-3

  1. 2,239 Posts.
    Well it leads me to believe that they are now short Goldlink Income (GLI)as they bought 675k however sold 825k. GLI is now worth 1.9c. Now Robson is a stockbroker? Hope there are no conflicts of interest occuring between LUM and his stockbroking firm clients.

    OZL bought at around 65c - massive gamble as well. I like how they didn't indicate how many shares they bought, just the total amount paid.

    No indication in the commentary of what LUM actually do nowadays, but it is clear they are gambling with their shareholders money, esp. when they are buying 2c stocks and companies such as OZL which are close to going bankrupt.
 
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