big increase by top 20 shareholders

The new top 20 is quite enlightening. 5 of the top 20 have increased their shareholdings in the past month and NONE of the top 20 have decreased their holdings. The 3rd largest shareholder has increased his LUM holdings and Salty Nominees has increase by approx 2mill.

This appears to bode well for LUM's future as the top 20 slowly accumulate while the little guys slowly unload at bargain basement prices. Prospective investors should be aware that the Market Cap. is $3.6mill and the company had revenue of $2.4mill for the year and was nearly breakeven. With new contracts currently being negotiated one would have to think that this share has huge potential to return above 10c in the next year or so. This would give it a market cap of only $24mill.

Well and truly worth watching at these levels IMHO