re: tom924 You might think it is that simple but it's not. Yes lack of income is definitely a reason for LUM's shareprice(yes i stand corrected i didn't mention that). But is LUM's Income lower now than it was 6 months ago? Is it 3 times lower or is the shareprice just 3 times lower? Remember with shares the price is determined just as much by future perception of the companies performance as it is the current. LUM looks like it might be at the bottom now. I do not hold LUM.
Cheers.
- Forums
- ASX - By Stock
- LUM
- ^^^^^genuine advice from drpepper$$$$$
^^^^^genuine advice from drpepper$$$$$, page-23
-
- There are more pages in this discussion • 36 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)