LUM will be ok. Try and find another company listed on ASX with a market cap of $3 million that has quarterly revenues of over $500k going through the books.
Still would have approx $1 million in cash and a reduced burn now the Vertigo acquisition is complete. Management are committed to a turnaround and have invested themselves. If this doesnt have at least a 200% gain in it before the end of time then im smugglers twin brother! Every dog has its day, LUM will have its day & it might just be based on something fundamental, not just a ramp which is really all it would take from here to turn into a daytraders darling.
Patience is key boys and girls.
LUM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
