Is lumacomm a cheap buy at the moment, not only for traders of the stock but the big guns??
From PBL's announcement last week by it's CEO Peter Yates, it stated:
"The Burswood aquisition is in line with PBL's investment philosophy which focuses on profitable and cash flow positive businesses in the gaming and MEDIA sectors.
PBL has no current intention of increasing it's stake in Burswood beyond the present level."
HEY...why would you Pete, BIR has hardly retraced for PBL to want to get more and with Lumacom's future so bright and it's share-price so cheap...LUM's a steal. :-)
Hmmm: Packer buys into LUM.
I can see the LumaSign headline now..... Tasty food for thought.
Mick.
LUM Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
