Going by LUM announcements, the cost per sign is about $3,600 per square metre. I’m assuming that cost doesn’t include computer hardware, software, transportation and installation. ( I may be wrong but wouln’t think so. ) I would have it a guess that these extra costs could possibly add another $7,400 per square metre. Environmentally friendly, because they use about 5% of the power of normal neon lights and last 5 times as long. What a difficult choice the advertisers have.
This is still far cheaper than the normal cost of comparable signs that are now available. ( $68,000 per square metre. )
I hold a considerable number of LUM shares and have no intention of selling any of them
Cheers,
Fig Jam
LUM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held