My hope is we have one or two more poor days, to get the day traders to sell at a loss to the share washers. I am 100% loaded up at 8.5 cents. So I can only watch. I really hope those manipulating the share are hurt badly financially.
Fundamentally, I really hope that Lumos will just keep scoring runs. I see no reason that each half year going forward is not profitable. The half year ending 31 Dec past will be a slight loss. But the half year 30 June 2024 will be a big profit. The full year will be a decent profit. Then Lumos have five to six months from now to ramp up production and approvals and sales, so year ending 30 June 2025 will also be profitable.
A solid, profitable, growing, visionary company like Lumos should not be bitch slapped around like it is. I hope it will stop. And I truly hope some decent, good, long term holders get on the register from now. Well, wait a day or two, so the day traders are well and truly damaged.
LDX Price at posting:
7.8¢ Sentiment: Buy Disclosure: Held
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