LUM 0.00% 2.3¢ lumacom limited

Hi Blueballs,your right in that I've only researched this stock...

  1. 3,567 Posts.
    Hi Blueballs,

    your right in that I've only researched this stock today... I actually never heard of it before. Took one look at the financials and type of business and assumed it was a dud.

    Am not aware of any large contracts due but don't they already have some product in the market that should be producing revenue? They only had 100k revenue?? They are going to need about $10-$20m with a 50% margin to justify the current price. Just don't see where all these bucks are going to come from.
 
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Currently unlisted public company.

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