LUM 0.00% 2.3¢ lumacom limited

just some thots ON = OverNight trade.Generally broker to broker...

  1. 569 Posts.
    just some thots ON = OverNight trade.
    Generally broker to broker trade after market closes. The one sell was allocated to about 5 buyers. Interesting accumulation by one broker yesterday. Fairly solid information that LUM wont have any problems in getting advertisers for 4TS. CCU has created a lot of interest in these signs now and becoming cash flow positive in the next year may not be anywhere near as hard as what I thought a couple of weeks ago. Only thing, IMO, holding back a contract being signed for Marmara and 4TS is the installation of the sign and some of the LUM team is currently in US working on this.
    * CCU getting involved a huge positive.
    * Sam (CFO) leaving a huge positive
    * Change in business plan by Sala also a huge positive.
    This company is getting closer and an accumulation of shares at 12c seems reasonable to me.
    Lumacom's recent history scares me, but Megagroup debacle not Lum's fault, and Totius Media - well they were just the wrong JV partner.
 
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Currently unlisted public company.

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