Gotta love the stupid stuff that happens on the ASX. A $5 sell...

  1. 2,239 Posts.
    Gotta love the stupid stuff that happens on the ASX. A $5 sell order goes thru at .5c. It was a new sell order, not one that was moved from another level.

    I wonder what was in it for Dollison and the gang who bought LUM at 1.4c+ a few weeks. You reckon their friends may have been trading the stock?

    The acquisition of the mining tenement has taken the pressure of LUM now to spend their money, because when challenged by ASIC for being a cashbox company LUM management can claim the cash is for exploration, etc in the future.

    I personally don't believe LUM have any intention of doing anything with their mining tenement acquisitions, esp after reading their recent annual report which pretty much fails to mention it.
 
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