LUM 0.00% 2.3¢ lumacom limited

latest announcement - "company is in discussions", page-8

  1. 1,286 Posts.
    re: latest announcement - I dont think it matters a scrap what LUM's mark up is on their signs, even if it is 100% who cares. Has anyone ever wondered what these computer chip companies charge on their mark ups, or what we export LPG for overseas then mark up to the aussie public, or car component makers ala PBB mark up on their brakes? Regardless of what the product is all manufacturers charge extravagent mark up's, the point i was making was that the 50% ITOAS lump sum payment in all likelihood probably covered LUM's manufacturing expenses for the Turkey signs, there is no ongoing rental obligation there so Turkey is far from LUM's greatest problem. ITOAS have thus far been a more favourable joint venture partner than anyone else.
 
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Currently unlisted public company.

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