LDX 2.50% 3.9¢ lumos diagnostics holdings limited

not truesay they take $1 mill AUD and 'say' they are doing a buy...

  1. 5,477 Posts.
    lightbulb Created with Sketch. 575
    not true

    say they take $1 mill AUD and 'say' they are doing a buy back; that will do two good things

    1) put a floor under the price
    2) reduce the number of shares on issue, benefiting all holders

    if they need to do a cap raise in a year to get back a $1 mill, then the price will not be lower; at worst it is line ball

    I am talking $1 mill; if $1 mill is the difference between success and failure of the business, then the business is already a failure; management should grow a pair and invest $1 mill in their own company
 
watchlist Created with Sketch. Add LDX (ASX) to my watchlist
(20min delay)
Last
3.9¢
Change
-0.001(2.50%)
Mkt cap ! $18.77M
Open High Low Value Volume
3.9¢ 4.0¢ 3.7¢ $17.10K 449.5K

Buyers (Bids)

No. Vol. Price($)
1 215270 3.7¢
 

Sellers (Offers)

Price($) Vol. No.
4.0¢ 352408 1
View Market Depth
Last trade - 16.10pm 19/08/2024 (20 minute delay) ?
LDX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.