LDX 4.26% 4.9¢ lumos diagnostics holdings limited

LDX Chart, page-1602

  1. 5,451 Posts.
    lightbulb Created with Sketch. 575
    my thinking is, for some reason, this Company does not trade on fundamentals; why not?

    it can only be two reasons

    1) the fundamentals are really not that good, and it is priced correctly
    2) announcements are of no value - and fundamentals need to be 'in your face' - and I guess only on a half yearly, where the metrics I snipped above really are in Mr Market's face

    Let us say Lumos builds up to making $5 mill a year in actual profit with NIL debt; then it cannot be priced with a market cap of $23 mill; or if it is priced like that, then us punters are happy as we buy more and more

    So, is Lumos heading to become a profitable company... or headed for 'oops, we went bankrupt'; Mr Market has it priced at a 50/50 outcome

 
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Last
4.9¢
Change
0.002(4.26%)
Mkt cap ! $23.58M
Open High Low Value Volume
4.7¢ 5.0¢ 4.7¢ $205.2K 4.243M

Buyers (Bids)

No. Vol. Price($)
1 3635 4.9¢
 

Sellers (Offers)

Price($) Vol. No.
5.0¢ 227108 5
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Last trade - 16.10pm 24/07/2024 (20 minute delay) ?
LDX (ASX) Chart
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