and you are more than welcome to that opinion as to whether the stocks will rise or fall.
However,the theory behind a consolidation is if the amount of shares are consolidated by 1/10th then the share price will increase 10 fold.
I have held a few stocks going into consolidation phase and they have traded higher than before the consolidation.
It is a little hard to predict what LUM could announce between now and that time after re-listing, especially as they have stated that they are looking at further oppotunities to add holder value, so they could go any way on open and that is anyones guess.
I also believe that holders dont know the extent of LUMs activities at present so to be making calls on their fundamentals is a little premature for mine.
Time will tell......
cheers
LUM Price at posting:
2.3¢ Sentiment: None Disclosure: Not Held
