durry man, page-3

  1. 456 Posts.
    this will be the last comments i will make on this company.

    revenues are encouraging, managements credentials suggest they should be competent, sector is viable - but they show zero respect for their regular shareholders.

    i cannot think of any other company with a worse history than lum. every single person who has ever participated in a capital raising and held stock has been burned. it is possible that they are in close to the best position they have ever been with john dollison being ceo of lum and also in a managerial role with visdom who is their client with the school signs project which could net lum up to $40 million over the next few years. but do you think they would promote anything positive for the betterment of their average shareholder. no chance. over the last 3-5 years the asx has prospered and there have been no worse performers than lum. they treat their shareholders with contempt but expect backing every time they rattle the can. yes it is sour grapes speaking but they deserve every bit of it. the history of this company makes your average dog look like a show winner.
 
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