LDX lumos diagnostics holdings limited

Similar story here. Still smarting from contributing to the...

  1. 2,936 Posts.
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    Similar story here. Still smarting from contributing to the raise last year only to learn post-raise that Sam was back paying himself $20k a month for corporate advisory role! Which is a massive indictment on him and the board who were in place at the time.

    So yesterday I took up 1.5 shares for each share I was holding at 3.7 cents.

    Now my break even is 6.3 cents per share and I think we can get there pretty easily. However, we will have circa 750 million shares on issue!!

    Currently, I think we have a negative or close to zero enterprise valuation, ie our market cap is approximately our cash.

    So, say things go well, we get to a market cap of $100M USD? That's 20 cents a share, and maybe we can get there by 30 June 2025?

    It's a sh!t return for the 6 years I will have been here (got in at seed, and even the seed shares are underwater at the moment); but it could be a good return from here, and I'm happy with the 16% overnight
 
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(20min delay)
Last
2.9¢
Change
0.000(0.00%)
Mkt cap ! $21.70M
Open High Low Value Volume
2.9¢ 3.1¢ 2.8¢ $36.41K 1.280M

Buyers (Bids)

No. Vol. Price($)
2 265000 2.8¢
 

Sellers (Offers)

Price($) Vol. No.
2.9¢ 135184 1
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Last trade - 14.55pm 19/06/2025 (20 minute delay) ?
LDX (ASX) Chart
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