another day, another record low for lum. in anyones language it...

another day, another record low for lum. in anyones language it is getting pretty hard to defend this stock. market cap now down to between $3 - $4 million, i am struggling to find a lower cap stock listed on the ASX.

how low can it go, is zero a real possibility? company has little or no debt so it shouldnt go broke but are we going to end up with a billion shares on issue? questions have to be asked, why has it taken 2+ years to get an advertiser on the marama hotel in turkey when the sign is apparently top notch?

unbelievable situation for a company who just reported a 5000% increase in revenues from the corresponding period last year, has little or no debt and promising contracts in china. very few are biting though, lum is a hated stock.