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
3.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $26.10M |
Open | High | Low | Value | Volume |
3.3¢ | 3.5¢ | 3.3¢ | $13.78K | 393.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 250000 | 3.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 230398 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 250000 | 0.034 |
3 | 201231 | 0.033 |
5 | 1737298 | 0.032 |
2 | 325780 | 0.031 |
5 | 681513 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 230398 | 3 |
0.036 | 320000 | 2 |
0.037 | 400000 | 1 |
0.039 | 135000 | 1 |
0.040 | 100000 | 1 |
Last trade - 10.24am 06/11/2024 (20 minute delay) ? |
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LDX (ASX) Chart |